Annual report pursuant to Section 13 and 15(d)

DIVIDENDS

v3.10.0.1
DIVIDENDS
12 Months Ended
Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]  
DIVIDENDS

5.

DIVIDENDS

Below is a summary of dividends declared for the fiscal periods indicated.

 

 

 

 

 

 

 

Amount per

Share of

 

 

Total

 

Declaration Date

 

Record Date

 

Payable Date

 

Common Stock (1)

 

 

Dividends (2)

 

2/24/2016

 

3/7/2016

 

3/18/2016

 

$

0.27

 

 

$

31,544

 

5/26/2016

 

6/8/2016

 

6/22/2016

 

 

0.27

 

 

 

31,459

 

8/18/2016

 

8/31/2016

 

9/13/2016

 

 

0.27

 

 

 

31,473

 

11/16/2016

 

12/2/2016

 

12/16/2016

 

 

0.27

 

 

 

31,568

 

 

 

 

 

Total

 

$

1.08

 

 

$

126,044

 

2/23/2017

 

3/8/2017

 

3/20/2017

 

$

0.29

 

 

$

33,912

 

5/25/2017

 

6/8/2017

 

6/22/2017

 

 

0.29

 

 

 

33,904

 

8/10/2017

 

8/31/2017

 

9/13/2017

 

 

0.29

 

 

 

33,911

 

11/17/2017

 

12/1/2017

 

12/15/2017

 

 

0.29

 

 

 

33,910

 

 

 

 

 

Total

 

$

1.16

 

 

$

135,637

 

2/23/2018

 

3/8/2018

 

3/22/2018

 

$

0.32

 

 

$

37,471

 

5/25/2018

 

6/8/2018

 

6/22/2018

 

$

0.32

 

 

 

37,523

 

8/23/2018

 

9/4/2018

 

9/18/2018

 

$

0.32

 

 

 

37,530

 

11/15/2018

 

12/4/2018

 

12/18/2018

 

$

0.32

 

 

 

37,592

 

 

 

 

 

Total

 

$

1.28

 

 

$

150,116

 

 

(1)

Beginning with the dividend declared on February 24, 2016, the Company’s board of directors raised the quarterly dividend to $0.27 per common share.  Beginning with the dividend declared on February 23, 2017, the Company’s board of directors raised the quarterly dividend to $0.29 per common share.  Beginning with the dividend declared on February 23, 2018, the Company’s board of directors raised the quarterly dividend to $0.32 per common share.

(2)

Of the dividends recorded during 2016, 2017 and 2018, $554, $558 and $624, respectively, were related to outstanding restricted stock units and will not be paid until such units vest. See Note 15.