Pronunciations
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/ˈsplɪvɪdɛnd/
Noun
A stock split in the form of a dividend that consists of additional stock shares instead of cash.
Usage- US usage
- Informal
- Examples
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More examples (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.