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Note 12 - Stockholders' Equity
3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]

12. Stockholders Equity

 

Share Repurchase Program

 

On February 22, 2022, our Board of Directors authorized the repurchase of up to $20.0 million of the Company’s common stock through transactions on the open market, in privately negotiated purchases or otherwise until February 22, 2023. 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 2022

          

March 8, 2022

 

March 24, 2022

 $0.125  $2,743 
           

Fiscal Year 2021

          

March 9, 2021

 

March 25, 2021

 $0.110  $2,262 

May 19, 2021

 

June 3, 2021

 $0.110  $2,267 

August 26, 2021

 

September 9, 2021

 $0.110  $2,401 

November 19, 2021

 

December 2, 2021

 $0.110  $2,405 

 

On April 26, 2022, our Board of Directors approved a quarterly cash dividend on our common stock of $0.125 per share payable on June 2, 2022, to stockholders of record at the close of business on May 17, 2022.