When a stock split or stock dividend occurs during the year,it is retroactive to the beginning of the year.

Question

Quizplus · Accepted Answer

If a stock split or stock dividend occurs during the year, it is retroactively applied to the beginning of the year. This means that any calculations, such as dividend yield or price-to-earnings ratio, that rely on the number of shares outstanding will be adjusted accordingly for the entire year.

When a Stock Split or Stock Dividend Occurs During the Year,it