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 |
|---|---|---|---|
| Apr 11, 2023 | 1:4 | +2.94% | -0.32% |
| Aug 13, 2020 | 1:15 | +3.45% | +37.69% |
| Oct 18, 2019 | 1:5 | +9.31% | -0.73% |
| Jun 10, 2019 | 1:15 | 0 | 0 |

