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 |
|---|---|---|---|
| Sep 23, 1997 | 2:1 | -0.34% | -1.28% |
| Jul 02, 1996 | 2:1 | 0 | +7.27% |
| Oct 02, 1992 | 3:2 | 0 | 0 |
| Sep 27, 1983 | 2:1 | 0 | 0 |

