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Dividend Program | 6 Months Ended
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Nov. 01, 2015
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Dividend Program | 17. Dividend Program On December 1, 2015, we announced that our board of directors approved a 17% increase in our quarterly cash dividend from $0.06 to $0.07 per share. This payment will be made on January 18, 2016 to shareholders of record as of January 4, 2016. During the first half of fiscal 2016, dividend payments totaled $6.4 million, of which $5.0 million represented a special cash dividend of $0.40 per share, and $1.4 million represented first and second quarter dividend payments of $0.06 per share. During the first half of fiscal 2015, dividend payments totaled $6.1 million, of which $4.9 million represented a special cash dividend payment in the first quarter of $0.40 per share, and $1.2 million represented first and second quarter dividend payments of $0.05 per share. 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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