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July 1 5 Declared a cash dividend payable to common stockholders of $ 1 6 5 , 0 0 0 . August 1 5 Date

July 15Declared a cash dividend payable to common stockholders of $165,000.August 15Date of record is August 15 for the cash dividend declared on July 15.August 31Paid the dividend declared on July 15.

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