Apple Stock Split Ex Date
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What S The Difference Between The Record Date And Ex Dividend Date
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Record Date Definition
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The split ex date is the date the stock starts trading at the new adjusted split price.
Apple stock split ex date. After the split the price was 645 57 7 92 70 per share. Apple issued a 7 for 1 stock split in 2014 after its share. Et on seeking alpha follow up. The dividend is payable on august 13 2020 to shareholders of record as of the close of business on august.
16 2020 at 11 45 a m. If the price was at 90 and the split is two for one the price is halved to 45. Apple said it s increasing its dividend by 6 giving the company a quarterly payout of 0 82 or 3 28 annually. This translates to a dividend yield of about 1 1.
Contactless payments and blank checks. Apple s outstanding shares increased from 861 million shares to 6 billion shares while its market cap stayed around 556 billion. Friendlier than a stock split aug. For example if a company announces a dividend equivalent to 2 of its stock price its stock will typically decline by 2 on the ex dividend date.
Reflects first date shares trade on a split adjusted basis. Apple also has declared a cash dividend of 0 82 per share of the company s common stock. The split date august 28 2020 shareholders are due split shares after the close of business on this date. Before the split apple s stock was trading at a price of 645 57 per share.
The ex date august 31 2020 the date determined by nasdaq when apple common shares will trade at the new split adjusted price.
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Ex Dividend Date Meaning Examples
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