NORTECH SYSTEMS INC
For the period ended Dec 31, 2023. Filed Mar 20, 2024.
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FY2023 · Filed Mar 20, 2024
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Item 4. Mine Safety Disclosures
Not applicable.
Part II
As of March 12, 2024, there were 590 shareholders of record. Our stock is listed on the NASDAQ Capital Market under the symbol “NSYS”. We intend to invest our profits into the growth of our operations and, therefore, do not plan to pay out dividends to shareholders in the foreseeable future. We did not declare or pay a cash dividend in 2023 or 2022. Future dividend policy and payments, if any, will depend upon earnings and our financial condition, our need for funds, limitations on payments of dividends present in our current or future debt agreements, and other factors.
Stock price comparisons (NASDAQ):
| During the Three Months Ended | Low | High |
|---|---|---|
| March 31, 2023 | $10.37 | $16.52 |
| June 30, 2023 | $9.00 | $11.26 |
| September 30, 2023 | $8.76 | $10.89 |
| December 31, 2023 | $7.45 | $10.27 |
| March 31, 2022 | $9.50 | $12.38 |
| June 30, 2022 | $9.94 | $20.37 |
| September 30, 2022 | $10.07 | $19.56 |
| December 31, 2022 | $9.31 | $16.01 |
Equity Compensation Plan Information
Certain information with respect to our equity compensation plans are contained in Part III, Item 12 of this Annual Report on Form 10-K.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.