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Note 6 - Dividend Payable
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3 Months Ended |
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Mar. 31, 2012
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| Schedule of Dividends Payable [Table Text Block] |
Note
6 – Dividend Payable
On
March 9, 2011, the Company’s Board of Directors
(“BOD”) declared a first quarter dividend
payable from future earnings, of $0.05 per share which was
paid on April 14, 2011. On May 9, 2011, the Company’s
BOD declared a second quarter dividend of $0.05 per share,
payable from future earnings on July 15, 2011, to the
shareholders of record as of June 30, 2011. On August 9,
2011, the Company’s BOD declared a third quarter
dividend of $0.05 per share, payable from future earnings
on October 15, 2011, to the shareholders of record as of
September 30, 2011. On November 8, 2011, the
Company’s BOD declared a fourth quarter dividend of
$0.05 per share, payable from future earnings on January
13, 2012, to the shareholders of record as of December 30,
2011. No dividend was declared by the Company’s BOD
for the first quarter ended March 31, 2012.
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