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 |
|---|---|---|---|---|
| Jun 01, 2011 | 0.09 | Jun 09, 2011 | Jun 13, 2011 | Jun 27, 2011 |
| Mar 03, 2011 | 0.09 | Mar 10, 2011 | Mar 14, 2011 | Mar 28, 2011 |
| Nov 20, 2010 | 0.09 | Dec 02, 2010 | Dec 06, 2010 | Dec 20, 2010 |
| Aug 28, 2010 | 0.09 | Sep 09, 2010 | Sep 13, 2010 | Sep 27, 2010 |
| May 22, 2010 | 0.09 | Jun 02, 2010 | Jun 04, 2010 | Jun 18, 2010 |
| Mar 04, 2010 | 0.09 | Mar 11, 2010 | Mar 15, 2010 | Mar 29, 2010 |
| Nov 23, 2009 | 0.09 | Dec 03, 2009 | Dec 07, 2009 | Dec 21, 2009 |
| Sep 02, 2009 | 0.09 | Sep 10, 2009 | Sep 14, 2009 | Sep 28, 2009 |
| Jun 01, 2009 | 0.09 | Jun 12, 2009 | Jun 16, 2009 | Jun 30, 2009 |
| Mar 02, 2009 | 0.09 | Mar 09, 2009 | Mar 11, 2009 | Mar 25, 2009 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Sep 27, 2004 | 2:1 | +0.34% | +1.23% |
| Sep 07, 1993 | 11:10 | 0 | 0 |
| May 24, 1988 | 110:100 | 0 | 0 |

