What Is the Dividend Payout for Stock-Split Stock Sony?

(NYSE: SONY) has attracted notice lately for its upcoming stock split. It's cleaving its U.S.-listed American despositary receipts (ADRs) at a rate of 5-for-1, which will kick in on Oct. 1. Investors get excited about stocks when they announce splits, but they buy shares of companies like Sony for many other reasons. Might the Japanese tech sector mainstay's dividend be one of them?

Probably not.

In contrast to most U.S. stocks, which pay dividends each quarter, Sony doles out its payout on a semi-annual basis. For the fiscal year ended Mar. 31, Sony paid 40 Japanese yen ($0.28) and 45 yen ($0.31) per each of the company's ADRs in its two payments for the year, for a fairly thin dividend yield of 0.7%.

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Source Fool.com