DIVIDEND HISTORY

Pulse has been paying a quarterly cash dividend to its shareholders since the third quarter of 2003. Please click here for a discussion of Pulse's dividend and yield.

Pulse's dividend history, in reverse chronological order, is as follows:

Ex-Dividend Date (mo/d/yr)

Record Date

Payable Date

numbers

 

Amount

 

06/04/2008

06/06/2008

06/20/2008

 

0.050

03/26/2008

03/28/2008

04/11/2008

 

0.050

12/4/2007

12/6/2007

12/20/2007

 

0.050

9/4/2007

9/6/2007

9/20/2007

 

0.0375

6/4/2007

6/6/2007

6/20/2007

 

0.0375

3/27/2007

3/29/2007

4/12/2007

 

0.0375

12/4/2006

12/6/2006

12/20/2006

 

0.0375

9/1/2006

9/6/2006

9/20/2006

 

0.0375

6/2/2006

6/6/2006

6/20/2006

 

0.0375

3/29/2006

3/31/2006

4/14/2006

 

0.0375

12/2/2005

12/6/2005

12/20/2005

 

0.025

9/1/2005

9/6/2005

9/20/2005

 

0.025

6/2/2005

6/6/2005

6/20/2005

 

0.0125

3/29/2005

3/31/2005

4/10/2005

 

0.0125

12/3/2004

12/7/2004

12/17/2004

 

0.0125

9/1/2004

9/3/2004

9/13/2004

 

0.0125

6/4/2004

6/8/2004

6/18/2004

 

0.0125

3/29/2004

3/31/2004

4/10/2004

 

0.0125

12/5/2003

12/9/2003

12/19/2003

 

0.0125

9/5/2003

9/9/2003

9/19/2003

 

0.0125

 

Pulse's ability to increase its dividend rate - thanks to its strong stream of cash EBITDA - has generated attractive dividend yields in the range of 4-7.7 percent (depending on the current share price). From the dividend's inception through the first quarter of 2008, Pulse made cumulative cash payments to shareholders totalling $24,879,878 (to April 11, 2008).

In third quarter 2007, Pulse increased the annual dividend by 33%, from $0.15 to $0.20 per common share. This is the third increase in the dividend since Pulse commenced paying dividends in 2003.