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 |
|---|---|---|---|---|
| Mar 13, 1996 | 1.5 | Apr 03, 1996 | Apr 08, 1996 | Apr 19, 1996 |
| Mar 21, 1995 | 1.5 | Apr 04, 1995 | Apr 10, 1995 | Apr 21, 1995 |
| Mar 21, 1994 | 1.5 | Mar 28, 1994 | Apr 04, 1994 | Apr 15, 1994 |
| Mar 23, 1993 | 1.5 | Mar 30, 1993 | Apr 05, 1993 | Apr 16, 1993 |
| Mar 18, 1992 | 1.5 | Mar 30, 1992 | Apr 03, 1992 | Apr 15, 1992 |
| Mar 20, 1991 | 1.5 | Mar 27, 1991 | Apr 03, 1991 | Apr 12, 1991 |
| Mar 29, 1990 | 1.5 | Apr 06, 1990 | Apr 13, 1990 | Apr 20, 1990 |
| Mar 31, 1989 | 1.5 | Apr 10, 1989 | Apr 14, 1989 | Apr 21, 1989 |
| Mar 30, 1988 | 1 | Apr 11, 1988 | Apr 15, 1988 | Apr 29, 1988 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| May 27, 2009 | 1:10 | +0.72% | +0.65% |
| Apr 10, 1984 | 100:102 | 0 | 0 |
| Mar 25, 1983 | 100:102 | 0 | 0 |
| Jan 26, 1981 | 5:4 | 0 | 0 |
| Oct 07, 1980 | 100:102 | 0 | 0 |
| May 12, 1980 | 100:102 | 0 | 0 |

