Buying into companies that split their stocks tilts the odds sharply in your favor—and buying a “splitter” that grows its payout will help you do even better.
Today we’re going to look at how you can “front run” the next dividend split for fast share-price (and dividend!) growth.
“But wait,” you’re probably thinking. “Aren’t share splits meaningless when it comes to the stock’s overall value?”
True! Let’s look at the case of Amazon.com (AMZN), which performed a share split last month. After the close of trading on Friday, June 3, the company divided each of its shares (which closed at $2,447 that day) into 20 pieces, so the stock opened at $124.79 on Monday, June 6.… Read more