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 History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Dec 27, 2022 | 0.24 | Jan 13, 2023 | Jan 05, 2023 | Jan 12, 2023 |
| Aug 25, 2022 | 1.43 | Sep 21, 2022 | Sep 06, 2022 | Sep 20, 2022 |
| Aug 04, 2015 | 59.766 | Aug 20, 2015 | Aug 14, 2015 | Aug 19, 2015 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Oct 31, 2023 | 1:15 | -9.76% | -9.76% |
| Sep 21, 2022 | 3803:1000 | 0 | +3.87% |
| Feb 13, 2017 | 1:15 | +4.04% | -26.48% |
| Aug 21, 2015 | 1:7 | +21.31% | -53.80% |

