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Note 12 - Stockholders' Equity
6 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]

12. Stockholders Equity

 

Share Repurchase Program

 

On February 23, 2021, our Board of Directors authorized the repurchase of up to $15.0 million of the Company’s common stock through transactions on the open market, in privately negotiated purchases or otherwise until February 22, 2022. The repurchase program may be suspended or discontinued at any time. To date we have not made any repurchases under this program.

 

Dividends

 

In February 2011, our Board of Directors approved a policy for the payment of quarterly cash dividends on our common stock. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by our Board of Directors on a quarterly basis. The dividend activity for the periods presented is as follows:

 

Record Date

 

Payment Date

  

Per Share Amount

  

Dividend Payment

 
         

(in thousands)

 

Fiscal Year 2021

           

March 9, 2021

 

March 25, 2021

  $0.110  $2,262 

May 19, 2021

 

June 3, 2021

  $0.110  $2,267 
            

Fiscal Year 2020

           

March 3, 2020

 

March 19, 2020

  $0.095  $1,917 

May 20, 2020

 

June 4, 2020

  $0.095  $1,917 

August 27, 2020

 

September 10, 2020

  $0.095  $1,925 

November 19, 2020

 

December 3, 2020

  $0.095  $1,936 

 

On July 22, 2021, our Board of Directors approved a quarterly cash dividend on our common stock of $0.11 per share payable on September 9, 2021, to stockholders of record at the close of business on August 26, 2021, which will total approximately $2.4 million.