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 |
|---|---|---|---|---|
| Jan 16, 2025 | 9.94 | Feb 21, 2025 | Feb 10, 2025 | Feb 20, 2025 |
| Jul 03, 2024 | 9.76 | Sep 03, 2024 | Aug 21, 2024 | Aug 30, 2024 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Mar 28, 2024 | 1:10 | -3.98% | -2.23% |

