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 12, 2024 | 1:15 | -4.85% | -11.52% |
| Mar 21, 2022 | 1:4 | +2.44% | -6.20% |
| Apr 12, 1993 | 2:1 | 0 | +5.00% |
| Jun 11, 1984 | 3:2 | -2.44% | +1.92% |
| Apr 18, 1983 | 3:2 | 0 | 0 |

