Business Context and Reporting Period
Company: Universal Technical Institute, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: September 11, 2012
Event: Declaration of a quarterly cash dividend.
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 Board of Directors approved a quarterly cash dividend of $0.10 per share. This represents a specific distribution event rather than a change in operational performance metrics compared to prior periods.
Guidance, Outlook, and Management Commentary
- Dividend Policy: The Company intends to pay quarterly dividends going forward at the discretion of the Board of Directors, in accordance with Delaware law.
- Payment Schedule:
- Record Date: September 21, 2012
- Payment Date: September 28, 2012
Investor Verification Checklist
- Verify share ownership status as of the close of business on September 21, 2012, to confirm eligibility for the $0.10 per share dividend.
- Confirm the payment date of September 28, 2012, for cash receipt.
- Review the press release (Exhibit 99.1) for any additional context regarding the Board's decision.