STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jul 31, 2020 | 1:20 | -17.81% | -9.92% |
| May 24, 2018 | 1:10 | -8.26% | -0.20% |
| Aug 03, 2017 | 1:11 | -14.89% | +4.00% |
| Aug 21, 2008 | 1:18 | 0 | +43.64% |

