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 |
|---|---|---|---|---|
| Jun 04, 2007 | 12.94 | Jun 13, 2007 | Jun 15, 2007 | Jul 02, 2007 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jan 06, 2016 | 1:12 | -9.09% | -4.55% |
| Dec 20, 2013 | 200:1 | -2.72% | -2.82% |
| Oct 22, 2003 | 1:3 | +1.92% | +1.50% |
| Nov 15, 1999 | 2:1 | -5.02% | -2.18% |

