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 10, 2005 | 0.006 | Mar 24, 2005 | Mar 29, 2005 | Apr 12, 2005 |
| Nov 11, 2004 | 0.006 | Dec 23, 2004 | Dec 28, 2004 | Jan 11, 2005 |
| Sep 17, 2004 | 0.006 | Sep 24, 2004 | Sep 28, 2004 | Oct 12, 2004 |
| Jun 16, 2004 | 0.006 | Jun 25, 2004 | Jun 29, 2004 | Jul 13, 2004 |
| Mar 19, 2004 | 0.006 | Mar 26, 2004 | Mar 30, 2004 | Apr 13, 2004 |
| Dec 11, 2003 | 0.006 | Jan 07, 2004 | Jan 09, 2004 | Jan 23, 2004 |
| Aug 08, 2003 | 0.006 | Sep 19, 2003 | Sep 23, 2003 | Oct 07, 2003 |
| May 08, 2003 | 0.006 | Jun 19, 2003 | Jun 23, 2003 | Jul 07, 2003 |
| Feb 06, 2003 | 0.006 | Mar 20, 2003 | Mar 24, 2003 | Apr 07, 2003 |
| Dec 11, 2002 | 0.006 | Jan 07, 2003 | Jan 09, 2003 | Jan 23, 2003 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| May 24, 2005 | 2:1 | +1.16% | +1.61% |
| Oct 25, 2000 | 2:1 | -5.46% | +6.48% |
| Oct 27, 1999 | 2:1 | -0.89% | +3.91% |
| Aug 11, 1993 | 2:1 | +0.23% | -6.78% |
| Nov 23, 1988 | 2:1 | +1.16% | +2.30% |
| Mar 12, 1987 | 2:1 | 0 | +8.94% |

