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 |
|---|---|---|---|---|
| Jul 29, 2015 | 0.25 | Sep 08, 2015 | Sep 10, 2015 | Sep 30, 2015 |
| May 07, 2015 | 0.25 | Jun 10, 2015 | Jun 12, 2015 | Jun 30, 2015 |
| Feb 23, 2015 | 0.25 | Mar 10, 2015 | Mar 12, 2015 | Mar 31, 2015 |
| Oct 30, 2014 | 0.25 | Nov 21, 2014 | Nov 25, 2014 | Dec 23, 2014 |
| Aug 06, 2014 | 0.25 | Aug 26, 2014 | Aug 28, 2014 | Sep 18, 2014 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jun 03, 2014 | 1241:1000 | +2.91% | +3.07% |

