Dividends

3 Months Ended

Mar. 31, 2018

Dividends Payable [Abstract]

Dividends

NOTE 13 – DIVIDENDS

On February 27, 2018, the Company’s board of directors approved a $0.14 per share cash dividend to shareholders of record as of the close of business on March 30, 2018.  The dividends were paid on April 16, 2018 in an aggregate amount of $2.6 million.

On May 2, 2018, the Company’s board of directors approved a $0.14 per share cash dividend to shareholders of record as of the close of business on June 8, 2018. The dividend will be paid on July 16, 2018.