Dividends and Treasury Stock

3 Months Ended

Apr. 30, 2019

Stockholders' Equity Note [Abstract]

Dividends and Treasury Stock

DIVIDENDS AND TREASURY STOCK

Dividends paid to Raven shareholders were as follows:

	Three Months Ended
	April 30, 2019		April 30, 2018
Dividends paid(a)	$	4,682	$	4,658
Dividends paid per share (in cents per share)(a)	13.0		13.0

^(a)There were no declared and unpaid shareholder dividends at April 30, 2019 or 2018.

On November 3, 2014, the Company announced that its Board of Directors ("Board") had authorized a $40,000 stock buyback program. Since that time, the Board has provided additional authorizations to increase the total amount authorized under the program to $75,000. This authorization remains in place until the authorized spending limit is reached or such authorization is revoked by the Board.

Pursuant to these authorizations, the Company repurchased 60,700 shares for $2,281 in the three-month period ended April 30, 2019. There were no shares repurchased in the three-month period ended April 30, 2018. There were no share repurchases unpaid at April 30, 2019, or April 30, 2018. The remaining dollar value authorized for share repurchases at April 30, 2019, is $25,679.