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 |
|---|---|---|---|
| Nov 17, 2023 | 1:3 | -18.52% | -5.67% |
| Nov 22, 2022 | 1:2 | +1.00% | +1.52% |
| Jul 06, 1999 | 3:1 | +0.42% | +0.45% |
| Feb 23, 1999 | 2:1 | +0.34% | +0.33% |
| Aug 18, 1998 | 2:1 | +0.37% | +0.37% |

