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 |
|---|---|---|---|
| Sep 19, 2000 | 3:2 | -5.47% | -7.66% |
| Feb 19, 1999 | 3:2 | +2.26% | -6.86% |
| Sep 09, 1998 | 3:2 | +6.56% | -1.14% |
| Sep 18, 1997 | 3:2 | +0.76% | +0.35% |

