splividend
noun/ˈsplɪvɪdɛnd/
Etymology Blend of split + dividend.
1
Business, Finance US, Informal A stock split in the form of a dividend that consists of additional stock shares instead of cash.
- 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.2022 August 2, Cuitlahuac Pineda Youniss, “Has The DTC Failed To Deliver GameStop’s Dividends?”, in Medium: