Investor Presentation
Dividend Payments
The Board reinstated the quarterly dividend in Q1-22
Dividend payment has been increased twice since then. Currently payment is 3.5 cents per
share, up 40% from a year ago.
$0.30
$0.26
$0.26
$0.25
$0.20
Reinstated Q1-22
(5 payments in
2022)
25.0%
20.0%
15.0%
$0.15
10.6%
10.7%
$0.10
$0.065
Suspended the
dividend in Q1-20 due
to COVID-related
uncertainty
$0.140
$0.135
10.0%
5.0%
$0.05
$0.00
3.2%
2.3%
2.4%
$0.00
2018
2019
2020
0.0%
2021
0.0%
2022
2023E
Dividend Yield
Note: 2018 to 2022 dividend yield based on December 31 stock price. 2023E dividend yield based on annualized latest dividend declared and most recent stock price as shown on page 11.
* Projected based on YTD payments and the latest declared quarterly dividend.
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