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Stockholders' Equity Matters
 6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Stockholders' Equity Matters
Our board of directors has adopted a dividend policy under which we have paid, and in the future intend to pay, quarterly cash dividends on our common stock. The amount and timing of future dividends will continue to be subject to the approval of our board of directors, in its sole discretion, and to applicable legal requirements.

In fiscal year 2019 and the first six months of 2020, our board of directors declared the following dividends:
Declaration Date
 
Dividend
Per Share
 
Record Date
 
Total
Amount
 
Payment Date
February 7, 2019
 
$
0.6110

 
March 15, 2019
 
$
175,242

 
April 2, 2019
May 22, 2019
 
0.6110

 
June 17, 2019
 
175,389

 
July 2, 2019
July 26, 2019
 
0.6110

 
September 16, 2019
 
175,434

 
October 2, 2019
October 31, 2019
 
0.6185

 
December 16, 2019
 
177,687

 
January 2, 2020
February 13, 2020
 
0.6185

 
March 16, 2020
 
178,047

 
April 6, 2020
May 5, 2020
 
0.6185

 
June 15, 2020
 
178,212

 
July 2, 2020


On August 5, 2020, we declared a dividend to our stockholders of record as of September 15, 2020 of $0.6185 per share, payable on October 2, 2020.

At The Market (ATM) Equity Program

As described in greater detail in Note 12 to Notes to Consolidated Financial Statements included in our Annual Report, in October 2017, we entered into a distribution agreement with a syndicate of 10 banks (the “Agents”) pursuant to which we may sell, from time to time, up to an aggregate sales price of $500,000 of our common stock through the Agents (the “At The Market (ATM) Equity Program”). There were no shares of common stock sold under the At The Market (ATM) Equity Program during the six months ended June 30, 2020. As of June 30, 2020, the remaining aggregate sale price of shares of our common stock available for distribution under the At The Market (ATM) Equity Program was approximately $431,200.