SUBSEQUENT EVENT |
6 Months Ended |
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Jun. 30, 2016 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENT |
SUBSEQUENT EVENT
On July 19, 2016, the Board of Directors declared a cash dividend of $0.07 on each share of common stock outstanding. Such dividends are payable on August 26, 2016 to stockholders of record on August 16, 2016. Payment of any future dividends on shares of common stock will be at the discretion of the Company’s Board of Directors.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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