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 | 0.015 | Mar 22, 2005 | Mar 25, 2005 | Apr 08, 2005 |
| Nov 12, 2004 | 0.015 | Dec 22, 2004 | Dec 27, 2004 | Jan 07, 2005 |
| Sep 09, 2004 | 0.015 | Sep 22, 2004 | Sep 24, 2004 | Oct 08, 2004 |
| Jun 17, 2004 | 0.015 | Jun 30, 2004 | Jul 02, 2004 | Jul 16, 2004 |
| Mar 18, 2004 | 0.015 | Mar 31, 2004 | Apr 02, 2004 | Apr 16, 2004 |
| Nov 20, 2003 | 0.015 | Dec 30, 2003 | Jan 02, 2004 | Jan 16, 2004 |
| Sep 29, 2003 | 0.015 | Oct 01, 2003 | Oct 03, 2003 | Oct 17, 2003 |
| Jun 20, 2003 | 0.015 | Jul 09, 2003 | Jul 11, 2003 | Jul 25, 2003 |
| Mar 14, 2003 | 0.015 | Apr 02, 2003 | Apr 04, 2003 | Apr 18, 2003 |
| Dec 12, 2002 | 0.015 | Dec 31, 2002 | Jan 03, 2003 | Jan 17, 2003 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Dec 21, 2004 | 2:1 | +0.33% | -0.81% |
| Apr 19, 2002 | 2:1 | +0.74% | -4.90% |
| Oct 31, 1994 | 2:1 | +1.85% | -2.92% |
| Mar 30, 1987 | 3:1 | +2.37% | +9.82% |

