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 |
|---|---|---|---|
| Dec 07, 2001 | 2:1 | -2.43% | -5.53% |
| Sep 22, 1986 | 13:10 | 0 | +5.26% |
| May 02, 1983 | 3:1 | 0 | 0 |
| Dec 13, 1982 | 3:1 | 0 | 0 |

