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
-
Forward Annual Dividend Rate
-
Yield
Trailing Annual Dividend Yield
N/A
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Jan 08, 2024
Ex-dividend Date
Dec 28, 2023
N/A %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Dec 27, 2023 | 7.053 | Dec 28, 2023 | Dec 29, 2023 | Jan 08, 2024 |
| Jun 28, 2023 | 0.223 | Jun 29, 2023 | Jun 30, 2023 | Jul 10, 2023 |
| Dec 28, 2022 | 0.076 | Dec 29, 2022 | Dec 30, 2022 | Jan 09, 2023 |
| Jun 28, 2022 | 0.017 | Jun 29, 2022 | Jun 30, 2022 | Jul 08, 2022 |
| Dec 29, 2021 | 1.488 | Dec 30, 2021 | Dec 31, 2021 | Jan 07, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Dec 20, 2022 | 1:4 | -3.38% | -1.27% |
Frequently Asked Questions
Is Global X - Blockchain & Bitcoin Strategy ETF (BITS) 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. Global X - Blockchain & Bitcoin Strategy ETF is also among the companies that regularly pay dividends.
What is BITS'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%. BITS's annual dividend yield for the trailing 12 months is N/A.
When did BITS last pay a dividend?
BITS last paid dividends on 2024-01-08, with the ex-dividend date being 2023-12-28.
When was the last time BITS stock split?
BITS stock split took place on 20-12-2022.
How did BITS's stock split work?
Its last split took place on Dec 20, 2022, when Global X - Blockchain & Bitcoin Strategy ETF went through a 1:4 split leaving the shareholder with 1 share(s) who previously owned 4 BITS share(s).