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SHAREHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
SCHEDULE OF REGULAR QUARTER DIVIDEND PAYMENTS

During 2020 and 2019, upon approval of the Board of Directors (the "Board") the Company has declared and paid regular quarterly dividends, as well as special dividends, as set forth in the following table:

 

 

Dividend Declared   Dividend Paid 
Date  Price Per Share   Date  Amount 
September 23, 2020  $0.28   October 13, 2020* $2,826,000 
June 24, 2020  $0.28   July 13, 2020* $2,826,000 
March 31, 2020  $0.28   April 17, 2020* $2,826,000 
December 16, 2019 (S) $3.50   December 30, 2019* $35,330,000 
December 14, 2019  $0.28   January 3, 2020* $2,826,000 
September 6, 2019  $0.28   October 2, 2019* $2,826,000 
June 13, 2019  $0.28   July 2, 2019* $2,826,000 
April 9, 2019  $0.24   April 29, 2019** $2,422,000 
December 13, 2018  $0.24   January 3, 2019** $2,422,000 

 

(*) The number of shares outstanding on the dividend payment date was 10,094,322.
(**) The number of shares outstanding on the dividend payment date was 10,091,822.
(S) indicates special dividend