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, 1990 | 2:3 | 0 | 0 |
| Feb 27, 1989 | 2:3 | 0 | +1.45% |
| Mar 19, 1979 | 2:1 | 0 | 0 |
| May 04, 1978 | 110:100 | 0 | 0 |

