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 22, 2023 | 1:20 | +0.50% | -18.90% |
| Feb 15, 2017 | 1:2 | +4.07% | +8.53% |
| Jan 12, 2017 | 32:1 | -4.44% | -1.15% |
| Mar 17, 2016 | 1:100 | -20.34% | +21.15% |

