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, 2012 | 2:1 | +1.30% | -0.42% |
| Jun 25, 2010 | 3:2 | +0.21% | -0.33% |
| Jun 20, 2000 | 3:2 | +3.39% | -0.76% |
| Jun 30, 1998 | 3:2 | +2.92% | -2.22% |
| Jul 22, 1997 | 3:2 | -0.90% | -1.17% |
| Apr 22, 1996 | 3:2 | +5.95% | -2.66% |

