UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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Item 8.01 |
Other Events |
On March 12, 2020, the Company announced that the Board had declared a dividend in the amount of $0.125 per share of common stock payable on May 29, 2020 to holders of record on May 15, 2020. Given the recent economic and financial disruptions caused by the COVID-19 pandemic, on March 31, 2020, the Board of Directors decided to defer the record date and payment of that dividend until such later time as the Board of Directors determines is prudent in light of the Company’s capital needs and in the best interests of the Company and its stakeholders.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| April 2, 2020 | By: /s/ J. Michael Daniel |
| J. Michael Daniel | |
| Title: Senior Vice President – Chief Financial & Administrative Officer |