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.
Dividend Rate
Trailing Annual Dividend Rate
-
Forward Annual Dividend Rate
-
Yield
Trailing Annual Dividend Yield
N/A
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Dec 24, 2024
Ex-dividend Date
Dec 23, 2024
N/A %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Dec 13, 2023 | 5.439 | Dec 23, 2024 | Dec 23, 2024 | Dec 24, 2024 |
| Dec 10, 2022 | 4.223 | Dec 18, 2023 | Dec 19, 2023 | Dec 22, 2023 |
| Jan 10, 2022 | 2.889 | Dec 19, 2022 | Dec 20, 2022 | Dec 23, 2022 |
| Dec 17, 2021 | 1.808 | Dec 20, 2021 | Dec 21, 2021 | Dec 27, 2021 |
| Jan 14, 2020 | 1.891 | Dec 21, 2020 | Dec 22, 2020 | Dec 28, 2020 |
| Nov 22, 2019 | 0.29 | Dec 23, 2019 | Dec 24, 2019 | Dec 30, 2019 |
| Nov 16, 2018 | 0.299 | Dec 20, 2018 | Dec 21, 2018 | Dec 27, 2018 |
| Dec 15, 2017 | 0.678 | Dec 18, 2017 | Dec 19, 2017 | Dec 22, 2017 |
| Dec 16, 2016 | 0.466 | Dec 19, 2016 | Dec 21, 2016 | Dec 23, 2016 |
| Dec 18, 2015 | 0.633 | Dec 21, 2015 | Dec 23, 2015 | Dec 28, 2015 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Apr 15, 2020 | 1:20 | -2.82% | -7.02% |
| Feb 14, 2012 | 3:1 | -0.54% | -1.21% |
Frequently Asked Questions
Is VanEck Oil Services ETF (OIH) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. VanEck Oil Services ETF is also among the companies that regularly pay dividends.
What is OIH's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. OIH's annual dividend yield for the trailing 12 months is N/A.
When did OIH last pay a dividend?
OIH last paid dividends on 2024-12-24, with the ex-dividend date being 2024-12-23.
When was the last time OIH stock split?
OIH stock split took place on 15-04-2020.
How did OIH's stock split work?
Its last split took place on Apr 15, 2020, when VanEck Oil Services ETF went through a 1:20 split leaving the shareholder with 1 share(s) who previously owned 20 OIH share(s).