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 22, 2024 | 1:20 | +13.25% | +16.09% |
| Nov 23, 2022 | 1:10 | -2.61% | -4.69% |
| Aug 23, 2013 | 100:425 | +13.64% | +2.73% |
| May 14, 2007 | 10000:58824 | +3.00% | 0 |

