CASH DIVIDEND |
12 Months Ended |
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Dec. 31, 2017 | |
| Dividends, Cash [Abstract] | |
| CASH DIVIDEND |
CASH DIVIDEND
On January 23, 2018 the Board of Directors approved a 21.7% increase in the Company's quarterly cash dividend per common share to $0.14 payable March 9, 2018 to stockholders of record at the close of business February 9, 2018. On October 24, 2017, the Board of Directors declared its regular $0.115 per share as well as a special year-end dividend of $0.10 per share both payable December 11, 2017 to stockholders of record at the close of business November 10, 2017. The Company expects to continue to pay cash dividends to the common stockholders, subject to the earnings and financial condition of the Company and other relevant factors.
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- Definition Cash Dividend Disclosure [Text Block] No definition available.
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- References No definition available.
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