Dividend Splits
I am new (2 days) and was reading the FAQ sections and it says that stocks split when they reach $1000.00. However, I have noticed numerous stocks selling for more than that (some up to over $7000.00). Why have they not split or is there a certain day that they split?
Thanks for the help. :) |
First of all.......welcome to Jockstocks!
To answer your question, the FAQ apparently needs an edit! The split price was raised to $10,000 awhile back...it used to be $1,000..now stocks reaching $10,000 get split 10:1 back to $1,000 Any other questions, please don't hesitate to ask...here, on another forum, or via Messenger to privately ask any member or admin. If you haven't already, also check out our Tour. I'm headin' to see what else might need updating on our FAQ :p |
Thank You for the information
Thanks. I will take the tour.
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