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 |
|---|---|---|---|
| Jul 26, 2023 | 1:17 | -1.43% | +0.59% |
| Apr 15, 2020 | 2:3 | -10.11% | -0.91% |
| Nov 18, 2019 | 1:10 | +1.45% | -0.82% |
| Jun 16, 2015 | 1:4 | 0 | 0 |

