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8. Subsequent Events
9 Months Ended
Jan. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events

Note 8 – Subsequent Events

 

On March 4, 2020, 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, 2020 through March 31, 2020. The cash dividend is payable on April 1, 2020 to holders of the Series E Preferred Stock of record on March 16, 2020.