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 |
|---|---|---|---|
| Mar 26, 2001 | 2:1 | +2.53% | -3.19% |
| Dec 04, 2000 | 2:1 | +5.40% | +5.00% |
| Sep 10, 1999 | 3:1 | -5.44% | -8.05% |
| Mar 25, 1998 | 1:3 | 0 | 0 |
| Aug 19, 1994 | 100:105 | 0 | 0 |

