Dividend Payment

9 Months Ended

Oct. 01, 2016

Payments of Dividends [Abstract]

Dividend Payment Terms [Text Block]

Note I – Dividend Payment

On September 19, 2016, the company paid a quarterly dividend of $0.11 per common share to all shareholders of record on September 12, 2016. The total amount of the dividend was approximately $1.6 million and was charged against retained earnings.

On June 17, 2016, the company paid a quarterly dividend of $0.11 per common share to all shareholders of record on June 10, 2016. The total amount of the dividend was approximately $1.6 million and was charged against retained earnings.

On March 21, 2016, the Company paid a quarterly dividend of $0.11 per common share to all shareholders of record on March 14, 2016 (the amount was funded to the transfer agent by the Company on March 16, 2016). The total amount of the dividend was approximately $1.6 million and was charged against retained earnings.