SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): October 5, 1998
FREQUENCY ELECTRONICS, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-8061 11-1986657
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
55 Charles Lindbergh Blvd., Mitchel Field, NY 11553
(Address of principal executive offices) (Zip Code)
(516) 794-4500
(Registrant's telephone number, including area code)
None
(Former name, address and fiscal year, if changed since last report)
Page 1 of 3 Pages
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ITEM 5. OTHER EVENTS
On October 5, 1998, the board of directors of registrant, pursuant to
its current policy for payment of cash dividends, declared a cash dividend. The
cash dividend is in the per share amount of $0.10 on the common stock of the
registrant, payable on December 1, 1998 to stockholders of record of such stock
at the close of business on October 31, 1998.
Registrant's cash dividend policy calls for the declaration and payment
of such dividends to holders of registrant's common stock:
a. Subject to the discretion and satisfaction of registrant's
board of directors with registrant's financial condition, the
results of its operations, and its prospects for future
investments in growth, at the times of the declarations of
such dividends; and
b. Subject to the discretion and satisfaction of the board as
aforesaid in declaring such dividends, to be paid on each of
June 1 and December 1 to the shareholders of record,
respectively, at the close of business on April 30 and October
31.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FREQUENCY ELECTRONICS, INC.
By: /s/ Joseph P. Franklin
Joseph P. Franklin,
Chairman of the Board of Directors
Dated: December 3, 1998
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