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 |
|---|---|---|---|---|
| Aug 14, 2024 | 2.3 | Aug 30, 2024 | Aug 30, 2024 | Sep 12, 2024 |
| Jan 16, 2018 | 8.4 | Jan 31, 2018 | Feb 01, 2018 | Feb 08, 2018 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jun 21, 2022 | 1:20 | +43.77% | +3.65% |

