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 |
|---|---|---|---|
| Jul 01, 2020 | 1:10 | -6.00% | +3.21% |
| Apr 05, 1999 | 3:2 | -6.12% | -5.87% |
| Jun 20, 1994 | 3:2 | -3.25% | +0.57% |
| Jun 07, 1993 | 3:2 | -1.35% | 0 |
| May 26, 1992 | 2:1 | -2.22% | -1.72% |
| May 23, 1989 | 3:2 | +5.61% | +4.57% |

