Note 14 - Dividends
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12 Months Ended |
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Sep. 30, 2011
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Schedule of Dividends Payable [Table Text Block] |
Note
14. Dividends
Beginning
February 16, 2010, quarterly dividends have been paid at
the rate of $0.05 per share for a cumulative total of $9.7
million through September 30, 2011. On October 6, 2011, the
Company’s Board of Directors declared a quarterly
cash dividend of $0.05 per share. The Company paid, from
its cash on hand, approximately $1.4 million pursuant to
the dividend on November 9, 2011 to stockholders of record
as of November 2, 2011.
Any
future quarterly dividends and the record date for such
dividends will be approved each quarter by the
Company’s Board of Directors and announced by the
Company. Payment of any future dividends is at the
discretion of the Board of Directors and the Company may
not have sufficient cash flows to pay dividends.
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