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Cash Dividends
3 Months Ended
Dec. 31, 2011
Cash Dividends [Abstract]  
Cash Dividends

(7) Cash Dividends

 

On November 14, 2011, the Company declared a regular quarterly cash dividend in the amount of $0.55 per share for the first quarter of fiscal 2012. The dividends were funded on January 4, 2012 and were paid to shareholders of record as of December 9, 2011. Regular quarterly cash dividends of $0.55 per share, or $2.20 annually, were declared during fiscal 2011.

 

Dividends on time based restricted stock awards issued to employees and non-employee directors are eligible for dividends at the same rate paid to shareholders. The Company accrues for dividends on performance stock awards, which will be paid upon the vesting, in various future periods, of the related restricted performance stock awards assuming the performance criteria set forth in the agreements relating to such awards are met.