Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0

I own stock in a company that announced:

"the declaration of a 1.3 for 1 stock split in the form of a 30% stock dividend in respect to its common stock."

I know what a split is and I know what a divedend is, but what does the above statement mean? Are they giving shareholders 30% more stock with no change in price?
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.