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11. SUBSEQUENT EVENTS
9 Months Ended
Jan. 31, 2019
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

11.       SUBSEQUENT EVENTS

 

On March 6, 2019, our Board of Directors declared a quarterly cash dividend of $0.65625 per share on our outstanding Series E Preferred Stock. The dividend payment is equivalent to an annualized 10.50% per share, based on the $25.00 per share stated liquidation preference, accruing from January 1, 2019 through March 31, 2019. The cash dividend is payable on April 1, 2019 to holders of the Series E Preferred Stock of record on March 18, 2019.