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 |
|---|---|---|---|---|
| Nov 14, 2016 | 0.18 | Nov 30, 2016 | Dec 02, 2016 | Dec 22, 2016 |
| May 16, 2016 | 0.18 | Jun 01, 2016 | Jun 03, 2016 | Jun 24, 2016 |
| Nov 05, 2015 | 0.18 | Dec 02, 2015 | Dec 04, 2015 | Dec 23, 2015 |
| May 14, 2015 | 0.18 | Jun 03, 2015 | Jun 05, 2015 | Jun 26, 2015 |
| Nov 06, 2014 | 0.18 | Dec 03, 2014 | Dec 05, 2014 | Dec 26, 2014 |
| May 09, 2014 | 0.17 | Jun 04, 2014 | Jun 06, 2014 | Jun 27, 2014 |
| Nov 06, 2013 | 0.17 | Dec 04, 2013 | Dec 06, 2013 | Dec 27, 2013 |
| May 17, 2013 | 0.17 | Jun 05, 2013 | Jun 07, 2013 | Jun 28, 2013 |
| Nov 08, 2012 | 0.17 | Nov 28, 2012 | Nov 30, 2012 | Dec 19, 2012 |
| May 15, 2012 | 0.15 | Jun 19, 2012 | Jun 21, 2012 | Jul 12, 2012 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jun 22, 1998 | 2:1 | +0.93% | +2.04% |
| Dec 19, 1996 | 2:1 | +10.89% | +0.57% |
| Jun 22, 1995 | 2:1 | +2.52% | +3.61% |

