Write and Publish Your Opinion, Sporting or Local News on MyZA: CLICK HERE to Proceed

MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / Business / Move Quick to Benefit From This 50-1 Stock Split

Move Quick to Benefit From This 50-1 Stock Split

Our friends at Easy Equities have this to say about the imminent 50-1 stock split:

One of the largest stock splits in New York Stock Exchange history is set to take place this week. Chipotle Mexican Grill will undergo a 50-for-1 split, granting shareholders 49 additional shares for each share they own.

Chipotle Mexican Grill does not pay dividends. However, for stocks that do pay quarterly dividends and are also conducting stock splits this year, Lam Research Corp and Broadcom Inc will perform 10-for-1 splits. Both are featured in our dividend update for this week.

While dividends provide cash payouts to investors, a stock split increases the number of shares an investor holds while proportionally decreasing the price per share. The total value of the investor’s holdings remains the same after the split.

Interestingly, these companies might follow NVIDIA’s lead and increase their payouts after the stock split; NVIDIA previously increased its dividend by 150% alongside a 10-for-1 split.

Dis-Chem Pharmacies, Airtel Africa PLC, 4Sight Holdings, and Vodacom Group are among the companies included in this week’s update, with information on the last date to trade to qualify for their dividends. You can view the full list here or click below to start investing.

Category: Tag:

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • December Grants Land 2-4 December – Plan the Long January Gap

    Dear Editor, December grants land early in the month — Older Persons on Wednesday 2 December, Disability on Thursday 3 December, and Children’s grants on Friday 4 December. That is good news for festive shopping, but it makes January the longest month of the year, and January is when school uniforms, stationery and transport money…

  • Foster Parents May Qualify for the R1,290 Foster Child Grant

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. Many South Africans raising a foster child do not know the Foster Child Grant exists. It pays R1,290 a month — more than double the R580 Child Support Grant — and it is for children placed in your care by…

  • Name of sexual offender?

    Dear Editor 653 Years Imprisonment for 119 Counts of Sexual Offences Against Children Why is this person being protected by anonymity? He has been convicted and sentenced, so please release his identity. Regards LA Morton In Response to/From: 653 Years Imprisonment for 119 Counts of Sexual Offences Against Children

Reader Interactions

Comments

  1. Marnus Broodryk – The Beancounter: Marnus Broodryk was a self-made millionaire by the age of 24, without taking on a single cent of debt. While completing his articles he also studied via correspondence. Although it was a tough four years, it enabled him to have his degree and articles completed by 22, then he moved to Johannesburg. He launched his revolutionary accounting business called The Beancounter, an accounting practice that would help SMEs build bigger, more sustainable and profitable businesses. This completely disrupted the accounting industry, altering the way the industry operates. His business is now worth more than R1 billion and continues to grow from strength-to-strength. He became one of the youngest investors on M-Net\’s Shark Tank.