DIVIDEND POLICY |
9 Months Ended |
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Sep. 30, 2022 | |
Equity [Abstract] | |
DIVIDEND POLICY |
NOTE M – DIVIDEND POLICY The Company’s dividend policy consists of semi-annual cash dividends of $0.05 per share ($0.10 per share annually) which are anticipated to be paid in March and September of each year. The Company paid dividends consistent with its policy in 2021 and 2022. The Company’s dividend policy undergoes a periodic review by the Board of Directors and is subject to change at any time depending upon the Company’s earnings, financial requirements and other factors existing at the time. |
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- References No definition available.
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- Definition The entire disclosure of statutory restrictions on the payment of dividends as prescribed by the National Association of Insurance Commissioners or state regulatory authorities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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