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Note 9 - Subsequent Events
3 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Subsequent Events [Text Block]
Note
9
: Su
b
sequent Event
s
 
On
July 22, 2019
,
the Board of Directors declared a quarterly dividend of
$0.27
per share. The Board established an
August 2, 2019
record date and an
August 9, 2019
payment date. Based on the outstanding share balance as of
July 30, 2019
the Company estimates the dividend payable to be approximately
$5.4
million.
 
On
July 26, 2019,
the Board of Directors approved the issuance of
40,000
restricted shares to the Company’s CEO, under the terms of the CEO’s amended Executive Employment Agreement, and
37,125
restricted shares to certain employees of the Company, pursuant to the
2016
Employee Plan. The Board also approved the issuance of
37,500
restricted shares to the independent directors, pursuant to the
2015
Director Plan.