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 13, 1999 | 3:2 | -2.47% | +0.58% |
| Jun 10, 1998 | 3:2 | -2.81% | -2.55% |
| Nov 03, 1997 | 3:2 | +5.09% | -1.25% |
| Aug 12, 1996 | 3:2 | -2.38% | -3.57% |
| Nov 29, 1995 | 3:2 | 0 | +1.56% |

