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 |
|---|---|---|---|
| Mar 26, 2008 | 2:1 | +3.33% | -3.21% |
| Nov 18, 2005 | 2:1 | -1.47% | +3.91% |
| Jun 06, 2005 | 2:1 | +0.19% | -3.18% |
| Aug 06, 1993 | 3:1 | +0.23% | -2.03% |
| Aug 06, 1981 | 2:1 | 0 | 0 |

