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 |
|---|---|---|---|---|
| Jan 01, 1970 | 1.194 | Jul 19, 1999 | Jan 01, 1970 | Jan 01, 1970 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Apr 01, 1996 | 2:1 | +1.67% | +0.78% |
| Jun 29, 1995 | 2:1 | -0.47% | +2.65% |
| Aug 29, 1994 | 2:1 | 0 | -0.97% |

