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 |
|---|---|---|---|
| Jun 11, 2024 | 1:9 | +0.94% | +9.33% |
| Sep 27, 2022 | 1:40 | -16.74% | -7.89% |
| Aug 30, 2019 | 1:15 | +0.59% | -7.30% |

