Stock Splits Matter: Southern Copper Corp's Upcoming Split and Why It's Important

Stock splits are a common practice where companies multiply or reduce the number of shares in a stake, effectively dividing each share into two or more shares. The most common ratios are two for one and three for one. Although stock splits do not change the value of the company, they can affect the value of each share and investor perception. Upcoming notable splits include Southern Copper Corp.'s split to accompany its quarterly cash dividend.