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What changed 10-K
Item 5. Market for Registrant’s Common Equity
2022-11-22 compared with 2021-11-23 · 0 added, 1 removed, 26 unchanged (4% of the section changed)
10 unchanged sentences
In connection with the IPO, the Company amended its dividend policy whereby it intends to pay quarterly cash dividends to holders of its Class A Common Stock and Class B Common Stock.
−Removed: The Company paid the first dividend under this policy of $0.12 per share in September 2020, and in August 2021, the Company’s board of directors approved an increase in the quarterly dividend to $0.15 per share, which was paid in September 2021.
The declaration of each dividend will continue to be at the discretion of the Company’s board of directors and will depend on the Company’s financial condition, earnings, liquidity and capital requirements, level of indebtedness, contractual restrictions with respect to payment of dividends, restrictions imposed by Delaware law, general business conditions and any other factors that the Company’s board of directors deems relevant in making such a determination.
14 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.