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Dividend Program | 6 Months Ended
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Oct. 27, 2013
Dividend Program | 18. Dividend Program On June 12, 2013, we announced that our board of directors approved a 33% increase in payment of a quarterly cash dividend from $0.03 to $0.04 per share, commencing in the first quarter of fiscal 2014. On November 25, 2013, we announced that our board of directors approved a 25% increase in payment of a quarterly cash dividend from $0.04 to $0.05 per share, commencing in the third quarter of fiscal 2014. The third quarter dividend payment will be paid on January 20, 2014, to shareholders of record as of the close of business on January 6, 2014. During the first half of fiscal 2014, dividend payments totaled $979,000 compared with $747,000 during the first half of fiscal 2013. Future dividend payments are subject to board approval and may be adjusted at the board’s discretion as business needs or market conditions change.

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- Definition The entire disclosure for dividends paid or to be paid and the expected dates of payment. + References No definition available. + Details
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