STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Feb 07, 2013 | 0.56 | Feb 15, 2013 | Feb 20, 2013 | Mar 04, 2013 |
| Nov 01, 2012 | 0.56 | Nov 13, 2012 | Nov 15, 2012 | Dec 03, 2012 |
| Aug 03, 2012 | 0.56 | Aug 15, 2012 | Aug 17, 2012 | Sep 04, 2012 |
| Apr 24, 2012 | 0.56 | May 11, 2012 | May 15, 2012 | Jun 01, 2012 |
| Feb 08, 2012 | 0.56 | Feb 15, 2012 | Feb 20, 2012 | Mar 01, 2012 |
| Oct 18, 2011 | 0.56 | Nov 14, 2011 | Nov 16, 2011 | Nov 28, 2011 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Sep 08, 2023 | 1:16 | +16.17% | -11.62% |
| Jun 21, 1993 | 2:1 | +2.11% | +3.92% |

