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 |
|---|---|---|---|---|
| Feb 20, 2020 | 0.44 | Mar 31, 2020 | Apr 01, 2020 | Apr 15, 2020 |
| Dec 12, 2019 | 0.44 | Jan 03, 2020 | Jan 06, 2020 | Jan 15, 2020 |
| Aug 15, 2019 | 0.44 | Sep 30, 2019 | Oct 01, 2019 | Oct 15, 2019 |
| May 16, 2019 | 0.44 | Jun 28, 2019 | Jul 01, 2019 | Jul 16, 2019 |
| Feb 21, 2019 | 0.44 | Mar 29, 2019 | Apr 01, 2019 | Apr 15, 2019 |
| Dec 13, 2018 | 0.43 | Dec 31, 2018 | Jan 02, 2019 | Jan 15, 2019 |
| Aug 16, 2018 | 0.43 | Sep 28, 2018 | Oct 01, 2018 | Oct 15, 2018 |
| May 11, 2018 | 0.43 | Jun 29, 2018 | Jul 02, 2018 | Jul 16, 2018 |
| Feb 22, 2018 | 0.43 | Mar 29, 2018 | Apr 02, 2018 | Apr 16, 2018 |
| Dec 07, 2017 | 0.42 | Dec 29, 2017 | Jan 02, 2018 | Jan 15, 2018 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jul 09, 2007 | 2:1 | +0.12% | -1.58% |
| Sep 14, 2006 | 3:2 | -2.29% | +1.71% |
| May 18, 2001 | 1:10 | +4.88% | +0.81% |

