HZO » Topics » Dividends

These excerpts taken from the HZO 10-K filed Dec 15, 2008.
Dividends
 
We have never declared or paid cash dividends on our common stock. We currently plan to retain any earnings to finance the growth of our business rather than to pay cash dividends. Payments of any cash dividends in the future will depend on our financial condition, results of operations, and capital requirements as well as other factors deemed relevant by our board of directors. Moreover, financial covenants under certain of our credit facilities also restrict our ability to pay dividends.
 
Dividends


 



We have never declared or paid cash dividends on our common
stock. We currently plan to retain any earnings to finance the
growth of our business rather than to pay cash dividends.
Payments of any cash dividends in the future will depend on our
financial condition, results of operations, and capital
requirements as well as other factors deemed relevant by our
board of directors. Moreover, financial covenants under certain
of our credit facilities also restrict our ability to pay
dividends.


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Dec 15, 2008
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