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 |
|---|---|---|---|
| Sep 26, 2000 | 2:1 | -7.51% | -3.87% |
| Sep 15, 1999 | 1:2 | +2.24% | +4.77% |
| Jan 13, 1998 | 1:2 | +7.28% | +2.31% |
| Mar 14, 1983 | 100:103 | 0 | 0 |
| Mar 08, 1982 | 100:103 | 0 | 0 |
| Mar 09, 1981 | 100:103 | 0 | 0 |

