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 28, 2023 | 2:1 | +0.35% | +0.85% |
| Nov 10, 2016 | 3:1 | +0.82% | -1.13% |
| Feb 16, 2012 | 2:1 | -3.37% | +0.91% |
| Jul 10, 2006 | 4:1 | 0 | +9.33% |
| Aug 09, 2005 | 2:1 | +5.62% | -6.17% |
| Feb 29, 1988 | 1:50 | 0 | +8.33% |

