Note 10 - Dividends
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3 Months Ended |
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Dec. 31, 2012
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Dividends Disclosure [Text Block] |
Note
10 – Dividends
Beginning
February 16, 2010, through December 31, 2012, the Company has
paid twelve quarterly cash dividends. The first
nine were paid at a quarterly rate per share of $0.05 through
February 9, 2012. On May 9, 2012, the quarterly
dividend per share increased to a rate of
$0.06. The Company paid cash dividends of
approximately $1.7 million ($0.06 per share) and $1.4
million ($0.05 per share) during the three months ended
December 31, 2012 and 2011, respectively.
On
December 13, 2012, the Company’s Board of Directors
declared a quarterly cash dividend of $0.06 per share. The
Company will pay, from its cash on hand, approximately $1.7
million pursuant to the dividend on February 6, 2013 to
stockholders of record as of January 30, 2013.
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