Annual report pursuant to Section 13 and 15(d)

CASH DIVIDEND

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CASH DIVIDEND
12 Months Ended
Dec. 31, 2018
Dividends, Cash [Abstract]  
CASH DIVIDEND

21.    CASH DIVIDEND

 

On January 22, 2019, the Board of Directors approved a 12.5% increase in the Company’s quarterly cash dividend per common share to $0.105 payable March 11, 2019 to stockholders of record at the close of business February 11, 2019. On October 23, 2018, the Board of Directors declared its regular $0.09 per share as well as a special year-end dividend of $0.09 per share both payable December 10, 2018 to stockholders of record at the close of business November 9, 2018. 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.