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 25, 2023 | 1:15 | -8.75% | -4.40% |
| Jun 18, 2021 | 4:10 | +8.50% | +7.79% |
| Aug 22, 2019 | 1:80 | +37.60% | 0 |
| Mar 17, 2015 | 1:50 | -3.23% | 0 |
| Mar 05, 2013 | 6:5 | +9.76% | -0.13% |

