splividend means A stock split in the form of a dividend that consists of additional stock shares instead of cash. Lexicurio rates it Sui generis — a strength score of 88 out of 100.
noun
- 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.”