Dividends and Treasury Stock

3 Months Ended

Apr. 30, 2015

Stockholders' Equity Note [Abstract]

Dividends and Treasury Stock

DIVIDENDS AND TREASURY STOCK

Dividends paid to Raven shareholders were $4,940, or 13.0 cents per share during the three months ended April 30, 2015 and $4,371, or 12.0 cents per share during the three months ended April 30, 2014.

On November 30, 2014 the Company announced that its Board of Directors had authorized a $40,000 stock buyback program. The remaining dollar value that may be purchased under the plan at April 30, 2015 is $36,956.