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Note 11 - Cash Dividends
9 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Equity [Text Block]

NOTE 11 - CASH DIVIDENDS

 

The Company paid cash dividends of $4.5 million and $4.3 million for the nine months ended March 31, 2025, and March 31, 2024, respectively. Dividends on restricted stock units in the amount of $0.2 million were accrued as of both March 31, 2025, and 2024, respectively. These dividends will be paid upon the vesting of the restricted stock units when shares are issued to the award recipients. In April 2025, the Board of Directors declared a regular quarterly cash dividend of $0.05 per share payable May 13, 2025, to shareholders of record as May 5, 2025. The indicated annual cash dividend rate is $0.20 per share.