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 |
|---|---|---|---|
| Aug 15, 2024 | 1:100 | -21.38% | +4.84% |
| Sep 12, 2023 | 1:200 | -21.26% | +10.24% |
| Jan 31, 2022 | 1:5000 | +5.26% | +5.71% |
| Jul 23, 2018 | 1:1000 | -33.33% | -8.08% |
| Jun 02, 2016 | 1:20 | -0.41% | -30.62% |
| Aug 27, 2014 | 1:10 | -6.89% | -12.92% |

