Business Context and Reporting Period
Company: Optical Cable Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: January 17, 2011
Event: Declaration of cash dividend by the Board of Directors.
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. The report focuses exclusively on a corporate action regarding shareholder distributions.
Material Changes
The filing announces the declaration of a cash dividend of $0.01 per share on the Company's common stock. This is a new event reported as of the filing date and does not represent a change in prior period financial performance.
Guidance, Outlook, and Management Commentary
- Dividend Details:
- Amount: $0.01 per share.
- Record Date: February 4, 2011.
- Payment Date: March 15, 2011.
- Effective Date: January 15, 2011.
- Management Commentary: The filing references a press release (Exhibit 99.1) but does not include additional management commentary, guidance, or risk factors within the text provided.
Investor Verification Checklist
- Verify the record date (February 4, 2011) to ensure eligibility for the dividend.
- Confirm the payment date (March 15, 2011) for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context not included in the 8-K summary.
- Note that this filing does not provide updated financial performance data; refer to the most recent 10-Q or 10-K for operational metrics.