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 |
|---|---|---|---|
| May 29, 1996 | 108:100 | +3.61% | 0 |
| Jul 19, 1995 | 106:100 | +4.26% | +2.13% |
| Apr 17, 1989 | 11:10 | 0 | 0 |
| Apr 15, 1988 | 11:10 | +2.33% | 0 |
| Apr 14, 1987 | 11:10 | +2.47% | +2.70% |
| Apr 30, 1986 | 11:10 | +1.08% | -2.30% |
| Apr 30, 1985 | 11:10 | +1.33% | 0 |
| Aug 09, 1984 | 11:10 | 0 | -2.04% |
| Jul 18, 1983 | 11:10 | 0 | 0 |
| Mar 25, 1974 | 105:100 | 0 | 0 |
| May 14, 1973 | 105:100 | +2.56% | -2.41% |

