splividend

English

Etymology

Blend of split +‎ dividend

Noun

splividend (plural splividends)

1. (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.