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, 2023 | 1:20 | -3.80% | +11.71% |
| Nov 18, 2022 | 2:1 | -6.40% | -1.86% |
| Aug 03, 2020 | 1:6 | -15.32% | +3.46% |
| May 13, 2019 | 1:10 | -12.97% | -14.18% |
| Dec 16, 2016 | 1:10 | -5.85% | +19.08% |
| Jun 21, 2016 | 1:12 | -0.60% | -4.61% |
| Jul 20, 2015 | 1:10 | 0 | +22.54% |

