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 |
|---|---|---|---|
| Dec 20, 2010 | 2.5:1 | -13.33% | -13.33% |
| Sep 17, 2008 | 1.0:1000 | -91.67% | -91.67% |
| Mar 30, 2007 | 1.0:2000 | +80.00% | +80.00% |

