Note 8 - Cash Dividends

12 Months Ended

Jun. 30, 2020

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

NOTE

8

—

CASH DIVIDENDS

The Company paid cash dividends of

$5.3

million and

$5.2

million in fiscal years

2020

and

2019,

respectively. Dividends on restricted stock units in the amount of

$63,796

and

$28,158

were accrued as of

June 30, 2020

and

2019,

respectively. These dividends are paid upon the vesting of the restricted stock units when shares are issued to the award recipients. In

August 2020,

the Board of Directors declared a regular quarterly cash dividend of

$0.05

per share payable

September 8, 2020

to shareholders of record

August 31, 2020

.