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 |
|---|---|---|---|
| Feb 28, 2006 | 2:5 | +1.98% | +2.83% |
| Mar 09, 1998 | 2:1 | +5.79% | +4.51% |
| Mar 01, 1996 | 2:1 | +2.06% | -4.20% |
| Feb 26, 1993 | 2:1 | +4.00% | -5.83% |
| Feb 26, 1992 | 2:1 | -2.16% | -0.85% |
| Jun 28, 1991 | 3:2 | +2.72% | +4.17% |

