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Cash Dividends
 3 Months Ended
Mar. 31, 2014
Cash Dividends  
Cash Dividends

12.  Cash Dividends

 

On February 25, 2014, we announced that our board of directors declared an initial quarterly dividend of $0.15 per share of common stock, which was paid on March 28, 2014 to stockholders of record at the close of business on March 14, 2014. Dividends paid to Exterran stockholders totaled $10.0 million during the three months ended March 31, 2014.

 

On April 29, 2014, we announced that our board of directors declared a quarterly dividend of $0.15 per share of common stock to be paid on May 16, 2014 to stockholders of record at the close of business on May 9, 2014. Any future determinations to pay cash dividends to our stockholders will be at the discretion of our board of directors and will be dependent upon our financial condition and results of operations, credit and loan agreements in effect at that time and other factors deemed relevant by our board of directors.