Annual report pursuant to Section 13 and 15(d)

SUBSEQUENT EVENTS

v3.20.1
SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2019
SUBSEQUENT EVENTS  
NOTE P - SUBSEQUENT EVENTS

[1] On February 19 2020, the Company s Board of Directors declared a semi-annual cash dividend of $0.05 per share with a payment date of March 31, 2020 to all common shareholders of record as of March 16, 2020.

[2] On February 19, 2020, the Company s Board of Directors approved the grant of 15,000 RSUs to each of the Company three non-management directors. The RSUs vest over a one year period in equal quarterly installments of 3,750 shares of common stock on each of March 15, 2020, June 15, 2020, September 15, 2020 and December 15, 2020.