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 01, 2004 | 2:1 | -0.12% | -0.39% |
| Dec 06, 2002 | 2:1 | -2.17% | -0.87% |
| Feb 23, 2000 | 2:1 | -2.85% | -5.52% |
| Apr 14, 1993 | 2:1 | 0 | -4.40% |

