Annual report pursuant to Section 13 and 15(d)

DIVIDENDS (Tables)

v3.8.0.1
DIVIDENDS (Tables)
12 Months Ended
Dec. 31, 2017
Supplemental Cash Flow Elements [Abstract]  
Summary of Dividends Declared

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)

 

2/17/2015

 

3/4/2015

 

3/18/2015

 

$

0.25

 

 

$

29,025

 

5/18/2015

 

6/5/2015

 

6/19/2015

 

 

0.25

 

 

 

29,075

 

8/20/2015

 

8/31/2015

 

9/11/2015

 

 

0.25

 

 

 

29,080

 

11/13/2015

 

12/2/2015

 

12/16/2015

 

 

0.25

 

 

 

29,276

 

 

 

 

 

Total

 

$

1.00

 

 

$

116,456

 

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

 

 

(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.  

(2)

Of the dividends recorded during 2015, 2016 and 2017, $593, $554 and $558, respectively, were related to outstanding restricted stock units and will not be paid until such units vest. See Note 14.