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 04, 2005 | 3:2 | -0.43% | -1.09% |
| Feb 18, 2004 | 3:2 | +4.56% | -3.84% |
| Sep 24, 2001 | 3:2 | -3.44% | -0.31% |
| Jan 13, 1981 | 3:2 | -2.17% | +3.11% |

