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 |
|---|---|---|---|---|
| Aug 08, 1996 | 62.5 | Aug 28, 1996 | Aug 30, 1996 | Sep 13, 1996 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jun 15, 2017 | 1:25 | +0.52% | -8.94% |
| Sep 25, 2013 | 1:10 | +2.56% | -4.97% |
| May 01, 1995 | 1:10 | 0 | 0 |

