Thursday, February 23, 2017 8:31:23 AM
Since July 2003, when we first adopted a dividend policy, according to which we declare, subject to specific Board approval and applicable law, a dividend distribution once per year, we have distributed 13 annual dividends and one special dividend. We continue to believe that our annual dividends enhance shareholders value and we plan to continue with annual distributions.
Taking into consideration the longstanding positive cash flow, the current and foreseeable needs and the remaining cash after the distribution, our Board decided on a distribution based on available retained earnings and declared on February 23, 2017 a gross dividend of $6.16 million, or $0.32 per share. The record date for the dividend will be March 9, 2017 and the payment date will be March 23, 2017. Tax will be withheld at a rate of 25%.
Recent MNDO News
- MIND CTI Reports First Quarter 2024 Results • GlobeNewswire Inc. • 05/08/2024 10:56:48 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/08/2024 10:14:33 AM
- MIND CTI Reports Fourth Quarter and Full Year 2023 Results • GlobeNewswire Inc. • 03/06/2024 12:09:47 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/06/2024 11:25:39 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 10:23:13 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/29/2024 06:42:40 PM
- MIND CTI Reports Third Quarter 2023 Results • GlobeNewswire Inc. • 11/08/2023 11:43:14 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/08/2023 11:04:02 AM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 09/29/2023 04:37:58 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/06/2023 10:19:30 AM
- MIND CTI Reports Second Quarter 2023 Results • GlobeNewswire Inc. • 08/08/2023 10:32:06 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/08/2023 10:03:56 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM