Dividend History

In February 2000, the Board of Directors of the Company resolved to implement a dividend record policy paying approximately 25 percent of the prior year's free cash flow commencing in the year 2000.

Dividend Record

Declared dividends by the Board of Directors:

Year Disbursement Record Date Aggregate Amount
2004 Semi-annual - $0.25 *
Semi-annual - $0.25 *
June 30, 2004
Dec. 31, 2004
$3,757,386.50
$3,765,499.00
2003 Semi-annual - $0.20 *
Semi-annual - $0.20 *
June 30, 2003
Dec. 31, 2003
$2,971,936.00
$2,981,376.00
2002 Semi-annual - $0.20 *
Semi-annual - $0.20 *
July 5, 2002
Dec. 31, 2002
$2,938,469.40
$2,954,949.40
2001 Semi-annual - $0.20 *
Semi-annual - $0.20 *
June 30, 2001
Dec. 31, 2001
$2,884,396.00
$2,888,576.00
2000 Semi-annual - $0.20 *
Semi-annual - $0.20 *
June 30, 2000
Dec. 31, 2000
$2,738,936.00
$2,802,246.00

* Per common share unless otherwise noted


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