Note 8 - Cash Dividends

12 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

NOTE

8

— CASH DIVIDENDS

The Company paid cash dividends of $4,214,000

, $2,900

,000 and $5,780

,000 in fiscal years 2016

, 2015 and 2014, respectively. Dividends on restricted stock units in the amount of $10,625 were accrued as of June 30, 2016. These dividends will be paid upon the vesting of the restricted stock units when shares are issued to the award recipients. In August 2016, the Board of Directors declared a regular quarterly cash dividend of $0.05 per share payable September 7, 2016 to shareholders of record August 29, 2016.