Divvied is a verb that means to divide or distribute something, often in a fair or equal way.
Examples:
The investors divvied up the profits equally among themselves. (#finance) The children divvied up the toys among themselves after the party. (#children) The task was divided divvied between the two teams, with each group working on a different part. (#business) After the dinner, the guests divvied up the leftovers and took some home. (#food) The country divvied up the land into different regions, each with its own government. (#politics)
Note: Divvied is often used informally, but it is also acceptable in formal writing and speech.