| Summary of Dividends Declared |
Below is a summary of dividends declared for the fiscal periods indicated.
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Amount per
Share of
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Total
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Declaration Date
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Record Date
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Payable Date
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Common Stock (1)
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Dividends (2)
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2/17/2015
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3/4/2015
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3/18/2015
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$
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0.25
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$
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29,025
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5/18/2015
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6/5/2015
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6/19/2015
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0.25
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29,075
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8/20/2015
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8/31/2015
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9/11/2015
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0.25
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29,080
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11/13/2015
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12/2/2015
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12/16/2015
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0.25
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29,276
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Total
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$
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1.00
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$
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116,456
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2/24/2016
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3/7/2016
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3/18/2016
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$
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0.27
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$
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31,544
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5/26/2016
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6/8/2016
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6/22/2016
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0.27
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31,459
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8/18/2016
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8/31/2016
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9/13/2016
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0.27
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31,473
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11/16/2016
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12/2/2016
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12/16/2016
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0.27
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31,568
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Total
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$
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1.08
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$
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126,044
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2/23/2017
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3/8/2017
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3/20/2017
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$
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0.29
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$
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33,912
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5/25/2017
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6/8/2017
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6/22/2017
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0.29
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33,904
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8/10/2017
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8/31/2017
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9/13/2017
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0.29
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33,911
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11/17/2017
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12/1/2017
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12/15/2017
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0.29
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33,910
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Total
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$
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1.16
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$
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135,637
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(1)
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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.
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(2)
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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.
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