Note 10 - Cash Dividends

9 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

NOTE 10 - CASH DIVIDENDS

The Company paid cash dividends of $4.0 million in both the nine months ended March 31, 2022 and March 31, 2021. Dividends on restricted stock units in the amount of $0.1 million were accrued as of both March 31, 2022 and 2021. These dividends will be paid upon the vesting of the restricted stock units when shares are issued to the award recipients. In April 2022, the Board of Directors declared a regular quarterly cash dividend of $0.05 per share payable May 17, 2022 to shareholders of record as of May 9, 2022. The indicated annual cash dividend rate is $0.20 per share.