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 |
|---|---|---|---|
| Dec 30, 2020 | 1:100 | +12.50% | -25.28% |
| May 18, 2012 | 1:75 | +8.11% | 0 |
| Dec 27, 2004 | 1:8 | 0 | 0 |
| Sep 27, 2001 | 1:10 | -33.33% | 0 |

