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 |
|---|---|---|---|---|
| Mar 17, 1999 | 0.19 | Mar 18, 1999 | Mar 19, 1999 | Mar 30, 1999 |
| Dec 11, 1998 | 0.19 | Dec 16, 1998 | Dec 16, 1998 | Dec 28, 1998 |
| Sep 11, 1998 | 0.19 | Sep 15, 1998 | Sep 17, 1998 | Sep 25, 1998 |
| Jan 01, 1970 | 0.57 | May 13, 1998 | Jan 01, 1970 | Jan 01, 1970 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Apr 17, 2007 | 1:25 | 0 | -5.00% |
| Aug 25, 1987 | 5:4 | 0 | 0 |

