Effective December 2009, the Dividend Committee's duties were assumed by the Finance and Risk Management Committee.
Primary Duties
Has authority to declare the quarterly cash dividend on the Common Stock:
- to declare the per share amount of the dividend, the date such dividend shall be payable and the record date for the stockholders entitled to receive such dividend; and
- to authorize any and all other actions necessary, appropriate or desirable in connection with the payment of the quarterly dividend.
(See Dividend Committee Enabling Resolution for a complete description.)