Note 9 - Cash Dividends

6 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

NOTE

9

 -

 CASH

DIVIDENDS

The Company paid cash dividends of

$2,587,000

and

$2,564,000

in the

six

months ended

December 31, 2018

and

2017,

respectively. Dividends on restricted stock units in the amount of

$34,631

and

$38,463

were accrued as of

December 31, 2018

and

2017,

respectively. These dividends will be paid upon the vesting of the restricted stock units when shares are issued to the award recipients. In

January 2019,

the Board of Directors declared a regular quarterly cash dividend of

$0.05

per share payable

February 12, 2019

to shareholders of record as of

February 4, 2019

.

The indicated annual cash dividend rate is

$0.20

per share.