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 12, 1996 | 2:1 | -0.66% | -0.62% |
| Jan 11, 1995 | 2:1 | +2.68% | -0.87% |
| Dec 01, 1992 | 2:1 | 0 | -1.59% |
| Mar 24, 1986 | 3:2 | -1.53% | 0 |

