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Cash Dividend Distribution | 3 Months Ended
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Mar. 31, 2014
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Cash Dividend Distribution |
9. | Cash Dividend Distribution
On January 15, 2014, the Company paid the 2013 last quarterly cash dividend distribution of $6.3 million (or $0.143 per share) to stockholders of record as of the close of business on December 31, 2013. On February 27, 2014, the board of directors approved the first 2014 quarterly cash dividend of $7.3 million (or $0.166 per share) on our outstanding shares of common stock. This first quarterly dividend has been paid on April 15, 2014 to stockholders of record as of the close of business on March 31, 2014. On April 30, 2014, the board of directors declared the second 2014 quarterly cash dividend of $7.3 million (or $0.166 per share), payable to the holders of the Company’s common stock. This second quarterly cash dividend will be paid on July 15, 2014 to stockholders of record as of the close of business on June 30, 2014.

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