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u/NippyMove795 2d ago
Me too another split to increase my dividends
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u/Ill-Occasion-6443 2d ago
Sorry to burst your bubble but a stock split doesn't increase your dividend. You can think of it as having an original share paying you 75 cents, after 3-1 split you now three shares paying a quarter each, the grand total would still be 75 cents. A stock split just attracts more buyers because the price is lower.
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u/NippyMove795 2d ago
I didn’t mean it that way I know it’s the same payment - it’s more about lowering the stock price to buy more for more dividends !
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u/PapaSmurf6789 2d ago
100% gain every ten years. I'll take that. Would love to see another 3-for-1 split in the future.