Or you could just run a VBA macro.
Code:
Public Sub TransposeColumnToMultipleColumns()
MaximumNewRows = 50 'Maximum number of rows in output
NewColumn = 3 'First column used in output
'Loop through rows of first column
For Each RowObj In ActiveSheet.Rows
'Exit when it hits a blank cell
CellValue = RowObj.Cells(1, 1)
If CellValue = "" Then Exit For
'Put the value into it's new location
NewRow = RowObj.Row Mod MaximumNewRows
If NewRow = 0 Then NewRow = MaximumNewRows
ActiveSheet.Cells(NewRow, NewColumn) = CellValue
'Move to the next column when the maximum number of rows is reached
If NewRow = MaximumNewRows Then NewColumn = NewColumn + 1
Next RowObj
End Sub