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Stock Repurchase and Dividends
6 Months Ended
Mar. 28, 2021
Stock Repurchase And Dividends [Abstract]  
Stock Repurchase and Dividends Stock Repurchase and Dividends
On January 27, 2020, the Board of Directors authorized a new $200 million stock repurchase program, which was included in our remaining balance of $207.8 million as of fiscal 2020 year-end. In the first half of fiscal 2021, we repurchased and settled 249,714 shares with an average price of $120.14 per share for a total cost of $30 million in the open market. At March 28, 2021, we had a remaining balance of $177.8 million under our stock repurchase program.

The following table presents dividends declared and paid in the first half of fiscal 2021 and 2020:

Declare DateDividend Paid Per ShareRecord DatePayment DateDividend Paid
(in thousands)
November 9, 2020$0.17 November 30, 2020December 11, 2020$9,198 
January 25, 2021$0.17 February 10, 2021February 26, 20219,212 
Total dividend paid as of March 28, 2021$18,410 
November 11, 2019$0.15 December 2, 2019December 13, 2019$8,190 
January 27, 2020$0.15 February 12, 2020February 28, 20208,224 
Total dividend paid as of March 29, 2020$16,414 

Subsequent Event.  On April 26, 2021, the Board of Directors declared a quarterly cash dividend of $0.20 per share payable on May 28, 2021 to stockholders of record as of the close of business on May 12, 2021.