Stock Split in Form of Dividend One common way to perform a stock split is to declare is Ile comrmon stock account and sublracts ibe same antount from retained earnings $($similar lo with dividend Thus, there is no inet effect on fotal stockbolders' equity. For example, TIX Cumpanies Ine unnounced is two$-$for$-$one stock splis in the form of a stock dividend, paid on Novemiker bi$,2078,$ to the shareholders of recond at the close of business on October $30,2018.$ Afier thie split, oukstanding common shares doubled to approximately $1\mathrm{.}3$ million shares.