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 |
|---|---|---|---|
| Sep 26, 2005 | 2:1 | +2.26% | -0.07% |
| Jul 12, 2004 | 2:1 | +0.35% | +1.10% |
| Sep 22, 2003 | 2:1 | -0.72% | +2.58% |
| Jun 03, 1996 | 2:1 | +1.81% | +7.41% |

