𝑾𝒂𝒍𝒍 𝒐𝒇 𝑾𝒂𝒊𝒍 ( දුක් ගන්නා රාළ )

Yes, it can be a strategic move for a company to alternate between dividends and share splits rather than issuing annual dividend payments.  However, whether it's a good idea depends on the company’s growth stage, industry, and investor base.  Here’s a breakdown of the benefits and drawbacks: