XML 33 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
DIVIDENDS
6 Months Ended
Jun. 30, 2012
DIVIDENDS  
DIVIDENDS

NOTE D — DIVIDENDS

 

On April 20, 2012, the Company declared a five percent (5%) stock dividend on its outstanding common shares.  The 5% stock dividend was paid on May 14, 2012, to shareholders of record as of April 30, 2012.  Cash in lieu of fractional shares in the total amount of $1,150 was paid to shareholders based on the last sales price of the common shares on the record date.  No dividends were declared or paid in 2011.