Would seem to be a logical time for a split....as stocks often run up to the exdivy date and then back off...share # increasing splits are perceived as positive....and historically it woould seem to be the right time....your thoughts?
Give it a rest.
While using history as a guide, one could assume that CVX is over due for a split...BUT no dice so far!
Of course, a split does nothing regarding the value of your or my invement in CVX. Share price must go up for a split to be considered and since I'm really only concerned about the value of my positions, I'm happy with CVX;s performance; regardless if I have eight slices or sixteen.
Getting back to CVX's history, the last time a split was declared was 7/28/04; the SAME DAY as that quarter's dividend was announced. Pay date for the split shares and the div was THE SAME, 9/10/04.
CVX may declare a split any time, but my guess is that it will occur no sooner than July 24 (give or take a day or so), the date CVX should declare their next dividend payment.
Time will tell, In the meantime, I'm content that I'm long eight slices of CVX.