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Subsequent Events
9 Months Ended
Mar. 31, 2023
Subsequent Events  
Subsequent Events

Note 15. Subsequent Events

Dividend Declaration

On May 8, 2023, the Company declared a quarterly cash dividend of $0.120 per share of common stock to shareholders of record on June 15, 2023 and payable on June 30, 2023.

Senior Secured Credit Facility

On May 5, 2023, the Company entered into the Tenth Amendment to the Senior Secured Credit Facility. This amendment, among other things, extends the maturity of the Senior Secured Credit Facility to April 9, 2026, converts the benchmark interest rate from LIBOR to SOFR plus a credit spread adjustment of 0.05%, and modifies the Margined Collateral Value, as defined in the Ninth Amendment to the Senior Secured Credit Facility, to $95.0 million.