Note 18 - Subsequent Events

12 Months Ended

Aug. 31, 2019

Notes to Financial Statements

Subsequent Events [Text Block]

18.

       

SUBSEQUENT EVENTS

On

October 

22,

2019,

NTIC’s Board of Directors declared a cash dividend of

$0.065

per share of NTIC’s common stock, payable on

November 20, 2019

to stockholders of record on

November 6, 2019.

Although NTIC’s Board of Directors intends to declare regular quarterly cash dividends going forward, the payment of any future dividends will be determined by NTIC’s Board of Directors in light of conditions then existing, including NTIC’s earnings, financial condition, cash requirements, restrictions in financing agreements, business conditions, and other factors.