Dividends & Splits

Stock Offerings
a) March 1985 Initial Public Offering $1.88/share
b) March 1996 Secondary Offering $9.20/share
Stock Splits
a) August 30, 1985 3 for 2 split
b) June 5, 1989 3 for 2 split
c) August 4, 1995 3 for 2 split
d) November 29, 2001 3 for 2 split
e) November 14, 2003 5 for 4 split
Dividend Policy
The Board of Directors has adopted a policy regarding dividends which indicates that dividends will be determined by the Board of Directors in its discretion based upon its evaluation of earnings, cash flow requirements, financial condition, debt levels, stock repurchases, future business developments and opportunities, and other factors deemed relevant. The Company has paid annual dividends since fiscal 1989 and quarterly dividends since fiscal 1995.
Stock Dividends
a) September 12, 1994 5% stock dividend
Cash Dividends
DeclaredPayableAmountType
04/26/1705/16/17$0.05Quarterly
01/26/1702/14/17$0.05Quarterly
10/26/1611/15/16$0.05Quarterly
08/18/1609/07/16$0.05Quarterly
04/20/1605/10/16$0.05Quarterly
01/27/1602/16/16$0.05Quarterly
10/21/1511/10/15$0.04Quarterly
08/19/1509/08/15$0.03Quarterly
04/22/1505/12/15$0.03Quarterly
01/28/1502/17/15$0.02Quarterly
11/05/1411/28/14$0.01Quarterly
08/20/1409/09/14$0.06Quarterly
04/23/1405/13/14$0.06Quarterly
01/22/1402/11/14$0.06Quarterly
10/23/1311/12/13$0.06Quarterly
08/21/1309/10/13$0.06Quarterly
04/26/1305/14/13$0.06Quarterly
12/04/1212/24/12$0.18Quarterly & Special Year End
10/24/1211/13/12$0.06Quarterly
08/15/1209/04/12$0.06Quarterly
04/25/1205/15/12$0.06Quarterly
01/25/1202/14/12$0.06Quarterly
10/26/1111/15/11$0.06Quarterly
08/17/1109/06/11$0.05Quarterly
04/27/1105/17/11$0.05Quarterly
01/26/1102/15/11$0.05Quarterly
10/18/1011/09/10$0.05Quarterly
08/18/1009/07/10$0.05Quarterly
04/21/1005/11/10$0.05Quarterly
01/20/1002/09/10$0.05Quarterly
10/20/0911/10/09$0.05Quarterly
08/19/0909/08/09$0.05Quarterly
04/22/0905/12/09$0.05Quarterly
01/21/0902/10/09$0.05Quarterly
10/22/0811/10/08$0.05Quarterly
08/20/0809/09/08$0.15Quarterly
04/23/0805/13/08$0.15Quarterly
01/23/0802/12/08$0.15Quarterly
10/24/0711/13/07$0.15Quarterly
08/22/0709/11/07$0.18Quarterly & Special Year End
04/25/0705/15/07$0.13Quarterly
01/24/0702/13/07$0.13Quarterly
10/25/0611/14/06$0.13Quarterly
08/22/0609/12/06$0.12Quarterly
04/26/0605/16/06$0.12Quarterly
01/25/0602/14/06$0.12Quarterly
10/27/0511/15/05$0.12Quarterly
08/24/0509/13/05$0.20Quarterly & Special Year End
04/27/0505/17/05$0.10Quarterly
01/25/0502/15/05$0.10Quarterly
10/26/0411/16/04$0.072Quarterly
08/11/0409/14/04$0.072Quarterly
04/27/0405/18/04$0.072Quarterly
01/20/0402/10/04$0.072Quarterly
10/20/0311/12/03$0.072Quarterly
08/13/0309/09/03$0.048Quarterly
04/22/0305/13/03$0.048Quarterly
01/28/0302/18/03$0.048Quarterly
10/21/0211/12/02$0.048Quarterly
08/14/0209/10/02$0.048Quarterly
04/22/0205/14/02$0.048Quarterly
01/21/0202/12/02$0.048Quarterly
10/23/0111/13/01$0.048Quarterly
08/15/0109/11/01$0.0453Quarterly
04/23/0105/15/01$0.0453Quarterly
01/22/0102/13/01$0.0453Quarterly
10/26/0011/14/00$0.0453Quarterly
08/17/0009/12/00$0.0693Quarterly & Special Year-End
04/25/0005/16/00$0.0427Quarterly
01/24/0002/15/00$0.0427Quarterly
10/25/9911/16/99$0.0427Quarterly
08/18/9909/14/99$0.0787Quarterly & Special Year-End
04/20/9905/18/99$0.036Quarterly
01/25/9902/16/99$0.036Quarterly
10/20/9811/17/98$0.036Quarterly
08/19/9809/15/98$0.0667Quarterly & Special Year-End
04/27/9805/19/98$0.0333Quarterly
01/27/9802/17/98$0.0333Quarterly
10/28/9711/18/97$0.0333Quarterly
08/08/9709/16/97$0.0533Quarterly & Special Year-End
04/28/9705/20/97$0.0267Quarterly
01/27/9702/18/97$0.0267Quarterly
10/29/9611/19/96$0.0267Quarterly
08/21/9609/17/96$0.0427Quarterly & Special Year-End
04/22/9605/18/96$0.0213Quarterly
01/16/9602/09/96$0.0213Quarterly
10/30/9511/13/95$0.0213Quarterly
08/18/9509/22/95$0.048Quarterly & Special Year-End
05/02/9505/22/95$0.0142Quarterly
01/25/9502/13/95$0.0142Quarterly
10/25/9411/14/94$0.0142Quarterly
08/23/9409/23/94$0.0356Annual
08/25/9309/27/93$0.0178Annual
08/14/9209/14/92$0.0178Annual
08/07/9109/13/91$0.0178Annual
08/13/9009/14/90$0.0178Annual
07/27/8909/15/89$0.0178Annual
08/01/8809/15/88$0.0118Annual