The dividend is most likely shares of another ticker. Some vets here were in on UNGS that did the same thing years ago and paid out very nicely. I believe the new ticker started trading at .10-.50.
Depending on your broker, a stock dividend in pennyland can sometimes be bad news to retail unless you're trading in big dollar amounts. TD Ameritrade has a $38 flat reorganization fee and if you're a small time trader you might get like $1 worth of shares. :P
Don't let that possibility deter you from investing in whatever ticker if the DD and risk/reward checks out, but it's something to be aware of.