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 08, 2002 | 2:1 | -1.86% | -0.15% |
| Jun 03, 1996 | 3:2 | +0.98% | +2.14% |
| Jun 11, 1986 | 3:2 | -0.78% | 0 |
| Aug 01, 1985 | 3:2 | +0.47% | +0.70% |
| Mar 18, 1980 | 2:1 | -1.37% | 0 |

