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 |
|---|---|---|---|
| Aug 08, 2024 | 10:1 | -11.49% | +4.42% |
| Jul 31, 2002 | 1:10 | 0 | -7.55% |
| Jan 27, 2000 | 2:1 | +0.51% | +11.81% |

