Common shares issued during the period as a stock dividend.
Feedback: The existing shares are adjusted for the effects of the stock dividend.
A stock dividend is a dividend payment that is made in shares as opposed to cash to shareholders. Although it can lower earnings per share, the stock dividend offers the advantage of paying shareholders while maintaining the company's cash balance.
The majority of these stock distributions are made as fractions paid per outstanding share. For instance, a business might declare a 5% stock dividend, which would entail issuing 0.05 shares for each share currently held by shareholders, i.e., five additional shares for every 100 shares owned.
In contrast to cash dividends, stock dividends are distributed to shareholders in the form of extra firm shares.
Stock dividends are not subject to taxation until the owner of the shares granted sells them.
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