Note 10 - Dividends
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9 Months Ended |
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Jun. 30, 2013
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Dividends Disclosure [Text Block] | |
Dividends Disclosure [Text Block] |
Note
10 – Dividends
Beginning
February 16, 2010, through June 30, 2013, the Company has
paid 14 quarterly cash dividends. The first 9 were
paid at a quarterly rate per share of $0.05 through February
9, 2012, 4 were paid at a quarterly rate per share of $0.06
from May 9, 2012 through February 6, 2013, and 1 was paid at
a quarterly rate per share of $0.07 on May 8,
2013. The Company paid cash dividends of
approximately $5.5 million and $4.5 million during the nine
months ended June 30, 2013 and 2012, respectively.
On July 15, 2013,
the Company’s Board of Directors declared a quarterly
cash dividend of $0.07 per share. The Company will
pay, from its cash on hand, approximately $2.0 million
pursuant to the dividend on August 7, 2013 to stockholders of
record as of July 31, 2013.
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