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.
Dividend Rate
Trailing Annual Dividend Rate
$0.09
Forward Annual Dividend Rate
$0.36
Yield
Trailing Annual Dividend Yield
1.45%
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Sep 05, 2023
Ex-dividend Date
Aug 18, 2023
2.99 %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Aug 06, 2023 | 0.09 | Aug 18, 2023 | Aug 21, 2023 | Sep 05, 2023 |
| May 09, 2023 | 0.09 | May 22, 2023 | May 23, 2023 | Jun 06, 2023 |
| Feb 21, 2023 | 0.09 | Mar 06, 2023 | Mar 07, 2023 | Jan 01, 1970 |
| Nov 08, 2022 | 0.09 | Nov 21, 2022 | Nov 22, 2022 | Dec 06, 2022 |
| Aug 03, 2022 | 0.09 | Aug 17, 2022 | Aug 18, 2022 | Sep 01, 2022 |
| May 04, 2022 | 0.09 | May 18, 2022 | May 19, 2022 | Jun 02, 2022 |
| Feb 02, 2022 | 0.09 | Feb 16, 2022 | Feb 17, 2022 | Mar 03, 2022 |
| Nov 01, 2021 | 0.09 | Nov 15, 2021 | Nov 16, 2021 | Nov 30, 2021 |
| Aug 04, 2021 | 0.09 | Aug 18, 2021 | Aug 19, 2021 | Sep 02, 2021 |
| May 06, 2021 | 0.09 | May 19, 2021 | May 20, 2021 | Jun 03, 2021 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Dec 16, 2003 | 2:1 | -2.98% | -1.47% |
| May 15, 1995 | 2:1 | +4.70% | -2.14% |
Frequently Asked Questions
Is ADTRAN Holdings, Inc. (ADTN) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. ADTRAN Holdings, Inc. is also among the companies that regularly pay dividends.
What is ADTN's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. ADTN's annual dividend yield for the trailing 12 months is 1.45.
When did ADTN last pay a dividend?
ADTN last paid dividends on 2023-09-05, with the ex-dividend date being 2023-08-18.
When was the last time ADTN stock split?
ADTN stock split took place on 16-12-2003.
How did ADTN's stock split work?
Its last split took place on Dec 16, 2003, when ADTRAN Holdings, Inc. went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 ADTN share(s).