|
|
|
Investor Information The Company's Class A Common Stock trades in the Nasdaq National Market under the symbol STEI. The following table sets forth, for the periods indicated, the range of high and low sales prices, as reported by the Nasdaq National Market. Prices for the first two quarters of fiscal year 1998 have been adjusted to reflect a two-for-one stock split effected in the form of a 100 percent stock dividend on April 24, 1998. As of January 7, 2000, there were 1,553 record holders of the Company's Class A Common Stock.
The Company declared quarterly dividends of $.01 per share on its Class A and Class B Common Stock during the first two quarters of fiscal year 1998, and $.02 per share during the last two quarters of fiscal year 1998 and during each quarter of fiscal year 1999. The Company intends to continue its current policy of declaring quarterly cash dividends on the Class A and Class B Common Stock in the amount of $.02 per share. The declaration and payment of dividends is at the discretion of the Company's Board of Directors and will depend on the Company's results of operations, financial condition, cash requirements, future prospects and other factors deemed relevant by the Board. The most restrictive of the Company's debt agreements limits the declaration and payment of dividends within any period of four consecutive quarters to 50 percent of the Company's consolidated net earnings for those four fiscal quarters. The same agreement limits purchase, redemption or retirement of any shares of the Company's capital stock to 5 percent of its consolidated net worth on the payment date. Transfer
Agent & Registrar
Independent
Auditors SEC
Form 10-K
Corporate
Office Address
|