DIVIDENDS

9 Months Ended

Mar. 31, 2016

Dividend [Abstract]

Dividend Disclosure [Text Block]

5.          DIVIDENDS – On August 13, 2015, November 10, 2015 and February 11, 2016 the Board of Directors of the Company declared cash dividends on the Company’s outstanding shares of stock of $0.06 per share for each period. The dividends, totaling $729,000, were paid during the nine months ended March 31, 2016.