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 |
|---|---|---|---|---|
| Dec 16, 2010 | 0.06 | Jan 26, 2011 | Jan 28, 2011 | Feb 14, 2011 |
| Sep 02, 2010 | 0.115 | Oct 20, 2010 | Oct 22, 2010 | Nov 08, 2010 |
| Jun 02, 2010 | 0.115 | Jul 21, 2010 | Jul 23, 2010 | Aug 09, 2010 |
| Mar 02, 2010 | 0.115 | Apr 21, 2010 | Apr 23, 2010 | May 10, 2010 |
| Dec 16, 2009 | 0.115 | Jan 20, 2010 | Jan 22, 2010 | Feb 08, 2010 |
| Aug 28, 2009 | 0.115 | Oct 21, 2009 | Oct 23, 2009 | Nov 09, 2009 |
| Jun 02, 2009 | 0.115 | Jul 22, 2009 | Jul 24, 2009 | Aug 10, 2009 |
| Mar 23, 2009 | 0.115 | Apr 22, 2009 | Apr 24, 2009 | May 11, 2009 |
| Dec 16, 2008 | 0.115 | Jan 21, 2009 | Jan 23, 2009 | Feb 09, 2009 |
| Oct 03, 2008 | 0.115 | Oct 22, 2008 | Oct 24, 2008 | Nov 24, 2008 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| May 11, 2004 | 10:1 | -6.39% | -2.96% |

