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 |
|---|---|---|---|
| Nov 17, 2023 | 1:12 | -11.74% | +23.24% |
| Nov 16, 2023 | 1:12 | +2.17% | +2.34% |
| Nov 16, 2022 | 1:20 | +30.00% | +7.66% |
| Feb 05, 2020 | 1:20 | -7.48% | -0.35% |

