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 |
|---|---|---|---|
| Dec 21, 2023 | 1:18 | +1.08% | +3.36% |
| Nov 20, 2020 | 1:8 | -0.75% | -1.35% |
| Dec 29, 2016 | 1:12 | +5.56% | 0 |
| Feb 06, 2015 | 1:2 | +10.00% | -4.35% |
| Jul 25, 1997 | 2:1 | +7.79% | -3.85% |

