ST. JOSEPH LIGHT <SAJ> SETS SPLIT, HIKES PAYOUT St. Joseph Light and Power Corp said its board declared a three-for-two stock split and raised the quarterly dividend on presplit shares to 49 cts per share from 47 cts. The company said the dividend is payable May 18 to holders of record May 4 and the split is subject to approval by shareholders at the May 20 annual meeting.