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Subsequent Events
12 Months Ended
Apr. 30, 2021
Subsequent Events [Abstract]  
Subsequent Events
Note 22 – Subsequent Events

Dividend

On June 22, 2021, our Board of Directors declared a quarterly dividend of $0.3450 per share, or approximately $19.3 million, on our Class A and Class B Common Stock.  The dividend is payable on July 21, 2021 to shareholders of record on July 6, 2021.

UK Corporate Tax Rate

As previously disclosed in our Quarterly Report on Form 10-Q filed with the SEC on March 5, 2021, on March 3, 2021, in the UK Budget, the Chancellor of the Exchequer announced a proposed increase in the UK corporate tax rate from 19% to 25%, effective April 2023. On June 10, 2021, the UK officially increased its corporate tax rate from 19% to 25% effective April 2023. We estimate that this statutory tax rate increase will result in a nonrecurring, noncash US GAAP deferred tax expense of approximately $20 million in our three months ended July 31, 2021.