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 |
|---|---|---|---|
| May 01, 2024 | 1:10 | -19.70% | +3.06% |
| Sep 25, 2023 | 1:10 | -3.77% | -9.13% |
| Nov 04, 2022 | 1:12 | -15.58% | -0.55% |
| Feb 17, 2021 | 1:15 | -7.63% | -1.67% |

