Quarterly report pursuant to Section 13 or 15(d)

Subsequent Event

Subsequent Event
3 Months Ended
Jul. 31, 2021
Subsequent Events [Abstract]  
Subsequent Event

14. Subsequent Event

Quarterly Dividend Declaration

On September 7, 2021, the Board of Directors of the Company declared a cash dividend of $0.12 per share with a payment date of October 15, 2021 to holders of the Company’s common stock of record at the close of business on September 23, 2021. The declaration and payment of future dividends under the quarterly dividend policy will be at the discretion of the Board of Directors and will depend upon many factors, including the Company’s earnings, capital requirements, financial condition, the terms of the Company’s indebtedness and other factors that the Board of Directors may deem to be relevant. The Board of Directors may amend, revoke or suspend the dividend policy at any time and for any reason.