splividend
English
editEtymology
editNoun
editsplividend (plural splividends)
- (finance, US, informal) A stock split in the form of a dividend that consists of additional stock shares instead of cash.
- 2022 August 2, Cuitlahuac Pineda Youniss, “Has The DTC Failed To Deliver GameStop’s Dividends?”, in Medium[1]:
- For example, if the share price was $140 before the “splividend” (split distributed via dividend), the new price per share would be $35 and the total number of outstanding shares would be four times larger.
- For more quotations using this term, see Citations:splividend.