6 - Declared Dividends

9 Months Ended

Apr. 27, 2013

Notes

6 - Declared Dividends

6.         On November 29, 2012, the Board of Directors declared a special dividend of $1.00 per Class A common share and $.65 per Class B common share.  In addition, the Board declared regular quarterly dividends of $.25 per Class A common share and $.1625 per Class B common share.  These dividends were paid on December 27, 2012 to shareholders of record at the close of business on December 12, 2012.  The Board declared these 15,000$15 million of dividends in order to provide a return to our shareholders in 2012 while tax rates on dividends remained low.  The Board declared and paid regularly quarterly dividends of $.25 per Class A and $.1625 per Class B share during the third quarter.