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 |
|---|---|---|---|
| Apr 12, 2004 | 3:2 | +1.67% | -2.82% |
| Jun 10, 2002 | 3:2 | +6.72% | -0.18% |
| Aug 18, 1999 | 3:2 | +0.28% | -1.47% |
| Apr 09, 1998 | 3:2 | -0.37% | -14.53% |

