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Note 19 - Subsequent Event
12 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Subsequent Events [Text Block]

NOTE 19. SUBSEQUENT EVENTS

 

In September 2023, the Board authorized the continuance of the monthly dividend of $0.0075 per share from October through December 2023, at which time it will be considered for continuation by the Board. Payment of cash dividends is within the discretion of the Company’s Board of Directors and is dependent on earnings, operations, capital requirements, general financial condition of the Company, and general business conditions.

 

Subsequent to June 30, 2023, the Company recognized an impairment loss on an equity investment accounted for under the investment alternative of $776,000.