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7. Subsequent Events
3 Months Ended
Jul. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events

Note 7 – Subsequent Events

 

On September 4, 2019, our Board of Directors declared a quarterly cash dividend of $0.65625 per share on our outstanding Series E Preferred Stock. The dividend payment is equivalent to an annualized 10.50% per share, based on the $25.00 per share stated liquidation preference, accruing from July 1, 2019 through September 30, 2019. The cash dividend is payable on October 1, 2019 to holders of the Series E Preferred Stock of record on September 16, 2019.