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Dividends
3 Months Ended
Mar. 24, 2019
Statement of Stockholders' Equity [Abstract]  
Dividends
5. Dividends
During the first quarter of 2019, on
February 20, 2019
, the Company’s Board of Directors declared a $0.65 per share quarterly dividend on its outstanding common stock for shareholders of record as of
March 15, 2019
which was paid on
March 29, 2019
. The Company had approximately $27.2 million accrued for common stock dividends at March 24, 2019.
Subsequent to the first quarter of 2019, on
April 23, 2019
, the Company’s Board of Directors declared a $0.65 per share quarterly dividend on its outstanding common stock for shareholders of record as of
June 14, 2019
to be paid on
June 28, 2019
.
During the first quarter of 2018, on
February 14, 2018
, the Company’s Board of Directors declared a $0.55 per share quarterly dividend on its outstanding common stock for shareholders of record as of
March 15, 2018
which was paid on
March 30, 2018
.