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 |
|---|---|---|---|
| Sep 15, 2022 | 1:15 | -33.85% | -4.94% |
| Jul 28, 2016 | 1:10 | -10.34% | -0.72% |
| Jul 16, 2013 | 1:10 | -3.33% | +6.01% |
| Aug 09, 2007 | 1:10 | 0 | +44.71% |
| Aug 31, 2006 | 1:10 | +16.67% | 0 |

