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 03, 2019 | 1:15 | -2.65% | -8.26% |
| Oct 27, 2016 | 1:20 | +0.05% | -13.75% |
| Jul 07, 2008 | 5:4 | -7.44% | -20.06% |
| May 02, 2006 | 3:2 | +17.02% | +5.00% |

