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 |
|---|---|---|---|
| Jun 06, 2022 | 20:1 | -1.49% | +0.81% |
| Sep 02, 1999 | 2:1 | -6.29% | -1.89% |
| Jan 05, 1999 | 3:1 | +8.42% | +1.17% |
| Jun 02, 1998 | 2:1 | -2.70% | -5.85% |

