Business Context and Reporting Period
Company: Optical Cable Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: October 21, 2010
Event: Declaration of a cash dividend on common stock.
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.
- Dividend Declared: $0.01 per share
- Record Date: November 5, 2010
- Payment Date: December 15, 2010
Material Changes
No material changes to financial performance or operations are reported in this filing. The document serves to disclose the Board of Directors' decision to declare a quarterly cash dividend.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of unusual items. It is a procedural disclosure of a dividend declaration.
Investor Verification Checklist
- Verify the ex-dividend date (typically the trading day prior to the record date of November 5, 2010) to determine eligibility for the $0.01 payment.
- Confirm the total number of outstanding shares to calculate the aggregate cash outflow for the dividend.
- Review the attached Exhibit 99.1 (Press Release) for any additional context regarding the Board's rationale, though none is detailed in the 8-K text.