Dividends & Splits

Dividends & Splits

dividends
Stock Offerings
a) March 1985 Initial Public Offering $1.88/share
b) March 1996 Secondary Offering $9.20/share
Stock Splits
a) August 30, 1985 3 for 2 split
b) June 5, 1989 3 for 2 split
c) August 4, 1995 3 for 2 split
d) November 29, 2001 3 for 2 split
e) November 14, 2003 5 for 4 split
Dividend Policy
The Board of Directors has adopted a policy regarding dividends which indicates that dividends will be determined by the Board of Directors in its discretion based upon its evaluation of earnings, cash flow requirements, financial condition, debt levels, stock repurchases, future business developments and opportunities, and other factors deemed relevant. The Company has paid annual dividends since fiscal 1989 and quarterly dividends since fiscal 1995.
Stock Dividends
a) September 12, 1994 5% stock dividend

Cash Dividends

Declared Payable Amount Type
0.05 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
Total dividends in 2018: 0.20
0.05 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
Total dividends in 2017: 0.20
0.05 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
Total dividends in 2016: 0.20
0.04 U.S. Currency
0.03 U.S. Currency
0.03 U.S. Currency
0.02 U.S. Currency
Total dividends in 2015: 0.12
0.01 U.S. Currency
0.06 U.S. Currency
0.06 U.S. Currency
0.06 U.S. Currency
Total dividends in 2014: 0.19
0.06 U.S. Currency
0.06 U.S. Currency
0.06 U.S. Currency
Total dividends in 2013: 0.18
0.06 U.S. Currency
0.12 Extra, special, participating or arrears
0.06 U.S. Currency
0.06 U.S. Currency
0.06 U.S. Currency
0.06 U.S. Currency
Total dividends in 2012: 0.42
0.06 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
Total dividends in 2011: 0.21
0.05 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
Total dividends in 2010: 0.20
0.05 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
0.05 U.S. Currency
Total dividends in 2009: 0.20
0.05 U.S. Currency
0.15 U.S. Currency
0.15 U.S. Currency
0.15 U.S. Currency
Total dividends in 2008: 0.50
0.15 U.S. Currency
0.13 U.S. Currency
0.05 Extra, special, participating or arrears
0.13 U.S. Currency
0.13 U.S. Currency
Total dividends in 2007: 0.59
0.13 U.S. Currency
0.12 U.S. Currency
0.12 U.S. Currency
0.12 U.S. Currency
Total dividends in 2006: 0.49
0.12 U.S. Currency
0.10 U.S. Currency
0.10 Extra, special, participating or arrears
0.10 U.S. Currency
0.10 U.S. Currency
Total dividends in 2005: 0.52
0.072 U.S. Currency
0.072 U.S. Currency
0.072 U.S. Currency
0.072 Cash dividend on increased shares
Total dividends in 2004: 0.288
0.25 Stock split
Stock split
0.072 U.S. Currency
0.048 U.S. Currency
0.048 U.S. Currency
0.048 U.S. Currency
Total dividends in 2003: 0.466
0.048 U.S. Currency
0.048 U.S. Currency
0.048 U.S. Currency
0.048 U.S. Currency
Total dividends in 2002: 0.192
Stock split
0.50 Stock split
0.048 Cash dividend on increased shares
0.045333 U.S. Currency
0.045333 U.S. Currency
0.045333 U.S. Currency
Total dividends in 2001: 0.683999
0.045333 U.S. Currency
0.042667 U.S. Currency
0.026667 Extra, special, participating or arrears
0.042667 U.S. Currency
0.042667 U.S. Currency
Total dividends in 2000: 0.200001
0.042667 U.S. Currency
0.036 U.S. Currency
0.042667 Extra, special, participating or arrears
0.036 U.S. Currency
0.036 U.S. Currency
Total dividends in 1999: 0.193334
0.036 U.S. Currency
0.033333 U.S. Currency
0.033333 Extra, special, participating or arrears
0.033333 U.S. Currency
0.033333 U.S. Currency
Total dividends in 1998: 0.169332
0.033333 U.S. Currency
0.026667 U.S. Currency
0.026667 Extra, special, participating or arrears
0.026667 U.S. Currency
0.026667 U.S. Currency
Total dividends in 1997: 0.140001
0.026667 U.S. Currency
0.021333 U.S. Currency
0.021333 Extra, special, participating or arrears
0.021333 U.S. Currency
0.021333 U.S. Currency
Total dividends in 1996: 0.111999
0.021333 U.S. Currency
0.026667 Extra, special, participating or arrears
0.021333 U.S. Currency
Stock split
0.50 Stock split
0.014222 U.S. Currency
0.014222 U.S. Currency
Total dividends in 1995: 0.597777
0.014222 U.S. Currency
0.05 Stock dividend
Stock dividend
0.035556 U.S. Currency
Total dividends in 1994: 0.099778
0.016931 U.S. Currency
Total dividends in 1993: 0.016931
0.016931 U.S. Currency
Total dividends in 1992: 0.016931
0.016931 U.S. Currency
Total dividends in 1991: 0.016931
0.016931 Cash dividend on increased shares
Stock split
0.50 Stock split
Total dividends in 1989: 0.516931
0.011287 Cash dividend on increased shares
Total dividends in 1988: 0.011287
0.50 Stock split
Stock split
Total dividends in 1985: 0.50