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2. Significant Events and Transactions
6 Months Ended
Jun. 30, 2019
Significant Events And Transactions  
NOTE 2 - Significant Events and Transactions

Pursuant to the Company’s capital return program, the Company’s Board of Directors declared a quarterly dividend of $0.02 per share of the Company’s common stock on June 10, 2019 to stockholders of record as of July 1, 2019. These dividends were paid on July 15, 2019.

 

On July 11, 2019, the Company announced that its operating subsidiary received an order totaling approximately $1,600 for KNG-Series radios and related accessories from a new California State customer. The order was for KNG-Series Digital P-25 portable and mobile radios with accessories, and was fulfilled in the second quarter of 2019.

 

On July 10, 2019, the Company announced that its operating subsidiary received an order totaling approximately $3,100 from the U.S. Forest Service (USFS). The order was for KNG-Series Digital P-25 portable and mobile radios with accessories. The order is expected to be fulfilled in the third quarter of 2019.