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

Note 11: Subsequent Events

On April 27, 2023, the Corporation announced that the Board of Directors declared a quarterly cash dividend of $0.14 per share. Shareholders of the Corporation’s common stock at the close of business on May 18, 2023 are entitled to receive the cash dividend. The cash dividend will be payable on June 8, 2023.

On April 27, 2023, the Corporation announced that the Board of Directors authorized an extension of the April 2022 stock repurchase plan (“Plan”), which was set to expire on April 28, 2023, for a period of one year or until completed, whichever occurs first. There were 101,044 shares available for purchase under the Plan as of April 28, 2023.