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SHAREHOLDERS’ EQUITY (Tables)
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
SCHEDULE OF REGULAR QUARTER DIVIDEND PAYMENTS

During 2022, 2021, and 2020, upon approval of the Board of Directors (the “Board”) the Company has declared and paid regular quarterly dividends, as set forth in the following table:

 

SCHEDULE OF REGULAR QUARTER DIVIDEND PAYMENTS

Dividend Declared  Dividend Paid
Date  Price Per Share   Date  Amount 
December 7, 2022  $0.32   January 4, 2023
  $3,232,000 
September 30, 2022  $0.32   October 24, 2022  $3,231,000 
June 10, 2022  $0.32   July 5, 2022  $3,230,000 
March 29, 2022  $0.30   April 25, 2022  $3,028,000 
December 9, 2021
  $0.30   December 30, 2021
  $3,029,000 
September 15, 2021
  $0.30  October 4, 2021
  $3,028,000 
June 9, 2021  $0.30   July 6, 2021  $3,028,000 
March 24, 2021  $0.28   April 14, 2021  $2,827,000 
December 11, 2020  $0.28   January 5, 2021  $2,826,000 
September 23, 2020  $0.28   October 13, 2020  $2,827,000 
June 24, 2020  $0.28   July 13, 2020  $2,826,000 
March 31, 2020  $0.28   April 17, 2020  $2,827,000