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Dividend Program | 6 Months Ended
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Oct. 31, 2021
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Dividend Program | 19. Dividend Program On December 1, 2021, our board of directors approved a quarterly cash dividend of $0.115 per share. This payment will be made on January 19, 2022, to shareholders of record as of January 11, 2022. During the first half of fiscal 2022, dividend payments totaled $2.7 million, which represented quarterly dividend payments of $0.11 per share. During the first half of fiscal 2021, dividend payments totaled $2.6 million, which represented quarterly dividend payments of $0.105 per share. Our board of directors has sole authority to determine if and when we will declare future dividends and on what terms. Future dividend payments will depend on our earnings, capital requirements, financial condition, excess availability under our lines of credit, market and economic conditions, and other factors we consider relevant.

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