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 |
|---|---|---|---|
| Jun 27, 2011 | 2:1 | -1.42% | +1.17% |
| Mar 23, 2005 | 2:1 | -1.10% | -0.45% |
| Sep 21, 2000 | 2:1 | -0.56% | +8.99% |
| Sep 08, 1995 | 2:1 | +0.49% | +10.25% |

