SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): March 4, 2003
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, former address and former fiscal year,
if changed since last report)
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ITEM 5. OTHER EVENTS
On March 4, 2003, 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 June 1, 2003 to stockholders of record of such stock
at the close of business on April 30, 2003.
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.
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/Alan Miller
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Alan Miller
Chief Financial Officer
and Treasurer
Dated: March 12, 2003