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.
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Mar 03, 1997 | 2:1 | 0 | +2.41% |
| Jan 16, 1996 | 2:1 | 0 | +6.25% |
| Dec 11, 1990 | 1:3 | +5.88% | -2.00% |
| Sep 18, 1989 | 1:2 | +3.03% | +1.52% |

