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| CLCT > SEC Filings for CLCT > Form 8-K on 27-Oct-2009 | All Recent SEC Filings |
27-Oct-2009
Regulation FD Disclosure, Financial Statements and Exhibits
On October 26, 2009, Collectors Universe, Inc. issued a press release announcing that its Board of Directors has approved a cash dividend policy that calls for the payment of cash dividends of $0.25 per share per quarter. The first of the quarterly cash dividends will be paid on November 24, 2009 to stockholders of record on November 10, 2009. A copy of that press release is attached as Exhibit 99.1 to, and by this reference is incorporated into, this Current Report on Form 8-K.
As stated in its press release, the declaration of cash dividends in the future, pursuant to the Company's dividend policy, is subject to determination each quarter by the Board of Directors based on a number of factors, including the Company's financial performance, its available cash resources and cash requirements and alternative uses of cash that the Board may conclude would represent an opportunity to generate a greater return on investment for the Company. For these reasons, as well as others, there can be no assurance that that the Board of Directors will not decide to reduce the amount, or suspend or discontinue the payment, of cash dividends in the future.
In accordance with General Instruction B. 2 of Form 8-K, the information in this Current Report, including Exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued October 26, 2009,
announcing adoption of dividend policy
providing for the payment of regular
quarterly cash dividends of $0.25 per common
share per quarter.
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