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 |
|---|---|---|---|
| Aug 17, 2023 | 2:3 | +3.94% | +5.57% |
| Apr 19, 2022 | 1:50 | -19.05% | -1.03% |
| Dec 14, 2018 | 1:15 | -9.09% | -4.08% |
| Aug 19, 2016 | 1:10 | +19.40% | 0 |
| Mar 10, 2014 | 1:100 | +66.67% | -18.18% |

