SHAREHOLDERS' EQUITY

9 Months Ended

Aug. 29, 2015

SHAREHOLDERS' EQUITY {1}

SHAREHOLDERS' EQUITY

Note 7 SHAREHOLDERS’ EQUITY

On December 17, 2013, the Board of Directors of Micropac Industries, Inc. approved the payment of a special dividend of $0.10 per share for shareholders of record as of January 15, 2014.  The dividend was paid to the shareholders on February 12, 2014.

On December 16, 2014, the Board of Directors of Micropac Industries, Inc. approved the payment of a special dividend of $0.10 per share for shareholders of record as of January 12, 2015.  The dividend was paid to the shareholders on February 10, 2015.