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To: Caroline who wrote (3144)7/20/1998 11:03:00 PM
From: Lincoln Landis  Respond to of 21876
 
Obviously, from the definition following the quote, it is 2 for 1...



To: Caroline who wrote (3144)7/21/1998 12:55:00 AM
From: David C. Burns  Read Replies (1) | Respond to of 21876
 
I believe you will find that it is the word "dividend" that is operative -- 100% stock dividend, one dividend share for each share held. I hold a company that does a 10% stock dividend every two years and assumed they used the term to avoid awkward ratios like 11 for 10. Don't know why they didn't call it either a 100% dividend or 2-for-1 split -- maybe there is some accounting implication of split vs. dividend


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