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 10, 2011 | 0.075 | Feb 16, 2011 | Feb 18, 2011 | Mar 04, 2011 |
| Nov 08, 2010 | 0.075 | Nov 17, 2010 | Nov 19, 2010 | Dec 03, 2010 |
| Jul 30, 2010 | 0.075 | Aug 18, 2010 | Aug 20, 2010 | Sep 03, 2010 |
| May 06, 2010 | 0.075 | May 19, 2010 | May 21, 2010 | Jun 04, 2010 |
| Feb 03, 2010 | 0.075 | Feb 17, 2010 | Feb 19, 2010 | Mar 05, 2010 |
| Nov 09, 2009 | 0.075 | Nov 18, 2009 | Nov 20, 2009 | Dec 04, 2009 |
| Jul 31, 2009 | 0.075 | Aug 19, 2009 | Aug 21, 2009 | Sep 04, 2009 |
| Jul 02, 2009 | 0.075 | Feb 18, 2009 | Feb 20, 2009 | Mar 06, 2009 |
| May 08, 2009 | 0.075 | May 20, 2009 | May 22, 2009 | Jun 05, 2009 |
| Nov 11, 2008 | 0.075 | Nov 19, 2008 | Nov 21, 2008 | Dec 05, 2008 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jun 11, 1998 | 3:2 | +0.76% | -4.60% |
| Mar 25, 1988 | 2597:1000 | 0 | +5.26% |
| Feb 06, 1981 | 6:5 | 0 | -1.05% |

