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Dividends and Distributions Payable (Tables)

12 Months Ended

Dec. 31, 2024

Dividends and Distributions Payable

Schedule of dividends declared

For federal income tax purposes, common distributions paid have been characterized as follows (unaudited):


For the Year Ended December 31,		2024 ⁽¹⁾			2023 ⁽¹⁾			2022
Ordinary Income		$	2.638		$	2.498		$	2.518
Return of Capital			0.356			0.174			0.287
Total		$	2.994		$	2.672		$	2.805

(1)

The common dividend declared in December of the respective year and paid in the following January is considered a distribution for federal tax purposes in the year of payment and, therefore, has been excluded from the federal income tax characterization in the year of declaration.