XML 40 R18.htm IDEA: XBRL DOCUMENT v3.20.1
SUBSEQUENT EVENTS
6 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 10 – SUBSEQUENT EVENTS

 

On April 1, 2020, our Board of Directors declared a dividend of $0.17 per share to be paid June 15, 2020 to common shareholders of record as of the close of business on May 15, 2020.

 

On April 1, 2020, our Board of Directors declared a dividend of $0.3828125 per share to be paid June 15, 2020 to the 6.125% Series C Preferred shareholders of record as of the close of business on May 15, 2020.

 

In addition to the 300,000 shares we repurchased of our common stock for $3.2 million at an average price of $10.70 per share during March 2020, subsequent to the quarter end we repurchased 100,000 shares of our common stock for $1.1 million at an average price of $10.66 per share. These are the only repurchases made under our Common Stock Repurchase Program thus far.