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For the 12th time in 50 years, Walmart will conduct a stock split in an effort to make shares more affordable for its employees. Walmart last carried out a 2-for-1 stock split on April 20, 1999.
Walmart is making its share price more affordable just as it gives its store managers pay raises and annual stock grants of up to $20,000.. The company announced a three-for-one stock split this ...
Walmart's stock has been on a hot streak as the ... and conducted a 3-for-1 stock split. It also continues to gain shoppers across the income spectrum while setting a new record for its stock price.
When Chipotle announced a 50-for-1 stock split in March, it offered a similar explanation to Walmart, saying it would make the stock more accessible to employees and a broader range of investors.
When this split was completed after the close of trading on Feb. 23, Walmart's share price fell from $175.56 to $58.52, while its outstanding share count increased by a factor of three.
Similar to Walmart, Chipotle is conducting a split to make its nearly $3,200-per-share stock more accessible to its employees. If shareholders give Chipotle the green light, its shares will trade ...
But like Walmart, Costco's stock isn't a bargain at 47 times next year's earnings. It also pays a tiny forward dividend yield of 0.5%. It also pays a tiny forward dividend yield of 0.5%. The ...
The average return after a stock split is announced in the year that follows is 25.4%. That's about a 13% greater return than the market over the same period. This chart lays it out nicely.
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