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 |
|---|---|---|---|---|
| Dec 17, 1986 | 0.025 | Dec 17, 1986 | Dec 17, 1986 | Dec 17, 1986 |
| Sep 11, 1986 | 0.025 | Sep 18, 1986 | Sep 24, 1986 | Oct 13, 1986 |
| May 07, 1986 | 0.025 | Jun 19, 1986 | Jun 25, 1986 | Jul 14, 1986 |
| Feb 13, 1986 | 0.025 | Mar 20, 1986 | Mar 26, 1986 | Apr 14, 1986 |
| Dec 10, 1985 | 0.025 | Dec 19, 1985 | Dec 26, 1985 | Jan 13, 1986 |
| Sep 12, 1985 | 0.025 | Sep 19, 1985 | Sep 25, 1985 | Oct 14, 1985 |
| Jun 14, 1985 | 0.025 | Jun 20, 1985 | Jun 26, 1985 | Jul 15, 1985 |
| Feb 14, 1985 | 0.025 | Mar 21, 1985 | Mar 27, 1985 | Apr 15, 1985 |
| Dec 12, 1984 | 0.025 | Dec 19, 1984 | Dec 26, 1984 | Jan 14, 1985 |
| Aug 31, 1984 | 0.025 | Sep 20, 1984 | Sep 26, 1984 | Oct 15, 1984 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Oct 16, 1997 | 2:1 | -1.27% | -3.72% |
| Jan 12, 1981 | 2:1 | 0 | 0 |

