Note 10 - Dividends
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3 Months Ended |
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Dec. 31, 2011
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Dividends Payable, Nature |
Note
10 – Dividends
During
fiscal 2010, the Company commenced paying quarterly cash
dividends. The Company’s Board of Directors has
declared and paid consecutive quarterly cash dividends of
$0.05 per share since January 2010.
On
October 7, 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.
On
December 15, 2011, the Company’s Board of Directors
declared a quarterly cash dividend of $0.05 per
share. The Company will pay, from its cash on
hand, approximately $1.4 million pursuant to the dividend on
February 9, 2012 to stockholders of record as of February 1,
2012.
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