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 |
|---|---|---|---|---|
| Jul 16, 2007 | 1 | Aug 08, 2007 | Aug 10, 2007 | Aug 24, 2007 |
| Jul 17, 2006 | 0.85 | Jul 27, 2006 | Jul 31, 2006 | Aug 16, 2006 |
| Dec 07, 2005 | 3.5 | Dec 15, 2005 | Dec 19, 2005 | Jan 09, 2006 |
| Jul 14, 2005 | 0.55 | Jul 22, 2005 | Jul 26, 2005 | Aug 19, 2005 |
| Jul 13, 2004 | 0.4 | Jul 23, 2004 | Jul 27, 2004 | Aug 18, 2004 |
| Jul 09, 2003 | 0.25 | Jul 22, 2003 | Jul 24, 2003 | Aug 13, 2003 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Dec 02, 1986 | 3:2 | -1.74% | 0 |
| Nov 22, 1985 | 6:5 | -0.58% | +2.78% |
| Nov 23, 1984 | 5:4 | +1.74% | -0.85% |
| Jul 28, 1983 | 6:5 | -2.47% | -0.71% |

