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 |
|---|---|---|---|
| Apr 01, 1999 | 3:2 | +1.63% | -1.60% |
| Apr 01, 1998 | 3:2 | +2.30% | +2.60% |
| Jan 04, 1993 | 3:2 | -1.77% | +0.45% |
| Mar 27, 1989 | 3:2 | -0.49% | -1.48% |
| Aug 02, 1988 | 3:2 | -0.70% | 0 |

