Note 9 - Subsequent Events

3 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Subsequent Events [Text Block]

Note

9

: Su

b

sequent Event

s

On

July 23, 2018

,

the Board of Directors declared an increased quarterly dividend of

$0.27

per share. The Board established an

August 3, 2018

record date and an

August 10, 2018

payment date. Based on the outstanding share balance as of

July 31, 2018

the Company estimates the dividend payable to be approximately

$5.6

million.

On

July 27, 2018,

the Board of Directors approved the issuance of

47,450

restricted shares to certain employees of the Company, pursuant to the

2016

Employee Plan and the issuance of

37,500

restricted shares to the independent directors, pursuant to the

2015

Director Plan.