Standard Pacific Corp., a Costa Mesa-based home...

Standard Pacific Corp., a Costa Mesa-based home builder, Wednesday announced a 3-for-2 stock split on the company’s common stock. The split will be paid on March 11 to shareholders of record Feb. 11. Each shareholder of record will receive one additional share of common stock for each two shares owned on that date. The company also said it will retain its cash dividend at 10 cents per share after the split, effectively raising the cash payout by 50%. The cash dividend is payable April 13 to shareholders of record April 1. The stock split will increase the number of the company’s shares outstanding from 7,693,293 to 11,539,939.