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 |
|---|---|---|---|
| Sep 18, 2006 | 1:2 | 0 | +5.22% |
| Oct 26, 2005 | 3:2 | -1.79% | +3.45% |
| Apr 19, 2005 | 3:2 | -28.57% | -12.94% |
| Dec 31, 2004 | 1:4 | -0.99% | +3.30% |

