On October 27, 2015, the Board of Directors declared a special year-end dividend of $0.10 per share payable December 10, 2015 to stockholders of record at the close of business November 10, 2015. The Board of Directors, at its quarterly meeting on January 26, 2016, approved a 25.0% increase in the Company’s quarterly dividend. The increased regular quarterly dividend of $0.10 per share will be payable March 10, 2016 to stockholders of record at the close of business February 10, 2016.