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 |
|---|---|---|---|---|
| May 21, 2020 | 7.2 | Jun 22, 2020 | Jun 23, 2020 | Jul 09, 2020 |
| Aug 20, 2019 | 2.5 | Sep 12, 2019 | Sep 13, 2019 | Sep 30, 2019 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Sep 02, 2022 | 1:5 | -1.50% | -24.64% |

