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 |
|---|---|---|---|
| Jul 27, 2004 | 105:100 | -1.79% | -8.28% |
| Aug 07, 2003 | 103:100 | +2.59% | -0.66% |
| Jul 30, 2002 | 103:100 | +1.25% | +1.25% |
| Dec 06, 1995 | 105:100 | -1.75% | -3.00% |

