Note 12 - Dividend Payable

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Dividends Payable Disclosures [Text Block]

NOTE

12

–

Dividend Payable

On

September 30, 2019,

the Company announced that its Board of Directors had declared a special cash dividend of

$0.50

per share (the “Dividend”). The Dividend is being paid in equal quarterly installments of

$0.125

per share which began on

November 1, 2019,

with the final dividend scheduled to be paid on

August 28, 2020.

The total amount of future cash dividends to be paid has been accrued in the Company’s consolidated balance sheets as of

December 31, 2019.