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 |
|---|---|---|---|
| Aug 17, 2009 | 1:6 | +1.27% | +10.20% |
| Jan 09, 2001 | 2:1 | +5.74% | +3.42% |
| Mar 23, 2000 | 2:1 | +1.02% | +0.67% |
| Jun 11, 1998 | 2:1 | -4.90% | -3.95% |
| Mar 12, 1996 | 2:1 | +5.64% | -1.49% |

