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.
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Aug 16, 2010 | 0.375 | Aug 25, 2010 | Aug 27, 2010 | Sep 10, 2010 |
| Jul 16, 2010 | 0.375 | Jul 22, 2010 | Jul 26, 2010 | Aug 09, 2010 |
| Feb 08, 2010 | 1.5 | Feb 11, 2010 | Feb 16, 2010 | Mar 01, 2010 |
| Nov 17, 2009 | 1.5 | Nov 24, 2009 | Nov 28, 2009 | Dec 14, 2009 |
| Aug 18, 2009 | 1.5 | Aug 28, 2009 | Sep 01, 2009 | Sep 14, 2009 |
| Jun 01, 2009 | 1.5 | Jun 01, 2009 | May 27, 2009 | Jun 13, 2009 |
| Feb 25, 2009 | 1.5 | Feb 25, 2009 | Feb 27, 2009 | Mar 13, 2009 |
| Nov 17, 2008 | 1.5 | Nov 25, 2008 | Nov 28, 2008 | Dec 12, 2008 |
| Aug 25, 2008 | 1.5 | Aug 26, 2008 | Aug 28, 2008 | Sep 11, 2008 |
| May 30, 2008 | 1.5 | Jun 11, 2008 | Jun 13, 2008 | Jun 27, 2008 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Nov 01, 2011 | 1:15 | -9.09% | 0 |

