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| SMHG > SEC Filings for SMHG > Form 8-K on 19-Feb-2004 | All Recent SEC Filings |
19-Feb-2004
Other Events and Financial Statements & Exhibits
On February 19, 2004, Sanders Morris Harris Group Inc. (the "Company") announced that its Board of Directors had approved an increase in its quarterly dividend policy from $0.03 to $0.0375 per share of common stock, a 25 percent increase over its prior quarterly dividend policy. Consistent with this policy, the Board of Directors declared a first quarter 2004 cash dividend in the amount of $0.0375 per share of common stock. The dividend will be payable on April 15, 2004, to common stockholders of record at the close of business on April 1, 2004.
Any future dividends will be at the discretion of the Company's board of directors after taking into account various factors, including general economic and business conditions, tax considerations, its strategic plans, its financial results and condition, its expansion plans, any contractual, legal and regulatory restrictions on the payment of dividends, and such other factors the board of directors considers relevant.
a. Financial statements of business acquired
Not Applicable
b. Pro forma financial information
Not Applicable
c. Exhibits
99.1 Press Release.
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