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 |
|---|---|---|---|
| Jan 03, 2024 | 1327:1000 | +1.24% | -2.73% |
| Oct 17, 2000 | 2:1 | -1.51% | +9.18% |
| Dec 23, 1999 | 2:1 | +0.51% | -4.36% |
| Jan 12, 1999 | 2:1 | -1.81% | +9.58% |

