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 23, 2006 | 2:1 | +1.42% | -2.27% |
| Aug 29, 2005 | 3:2 | -2.37% | +3.04% |
| Aug 22, 2003 | 3:2 | +0.46% | -1.44% |
| Dec 15, 1992 | 5:4 | -1.52% | -1.52% |

