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 |
|---|---|---|---|
| Nov 04, 2013 | 4423:1000 | +0.68% | -1.59% |
| Mar 08, 2005 | 2:1 | -0.58% | -4.13% |
| Jun 26, 2002 | 2:1 | -3.54% | +2.13% |
| Dec 23, 1996 | 2:1 | +7.56% | -10.77% |
| May 24, 1996 | 3:2 | -4.65% | +9.30% |

