When Is Apple Stock Split Happening 2020
Apple delivered impressive results on july 30 as it announced in its third quarter earnings and its board of directors has approved a four for one stock split.
When is apple stock split happening 2020. What does the apple stock split mean. On july 30 we also announced a four for one split of apple common stock and trading will begin on a split adjusted basis on august 31 2020. Apple and tesla arguably two of the market s most popular companies both announced stock splits in recent weeks. It means if you have 1 share of apple priced at around 400 you re now going to have 4 shares of aapl each worth around 100.
The dividend is payable on august 13 2020 to shareholders of record as of the close of business on august. Apple also has declared a cash dividend of 0 82 per share of the company s common stock. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. In 1987 2000 and 2005 the stock was split on a 2 for 1 basis.
And on a 2 for 1. Returns as of 08 16 2020. In june 2014 the cupertino calif company split the stock on a 7. A 2 for 1 basis on june 21 2000.
Then it split its stock on a 7 for 1 basis in 2014. This is apple s fifth stock split since it went public. In mid 2000 apple did a 2 for 1 stock split but the stock market had begun to slip into the bear market pullback following the internet stock boom. Since going public in 1980 apple s stock has split four times.
Apple just announced a stock split here s what that means for investors published thu jul 30 2020 5 12 pm edt updated thu jul 30 2020 5 43 pm edt pippa stevens pippastevens13. If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal. On august 31 trading will begin. The stock split on a 7 for 1 basis on june 9 2014 and split on a 2 for 1 basis on february 28 2005 june 21 2000 and june 16 1987.
The apple stock split. Apple s upcoming stock split will be its fifth since going public. A 2 for 1 basis on february 28 2005. What apple s 4 for 1 stock split means.