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Cash Dividends
9 Months Ended
Sep. 30, 2014
Cash Dividends  
Cash Dividends

13.  Cash Dividends

 

The following table summarizes our dividends per common share:

 

Declaration Date

 

Payment Date

 

Dividends per
Common Share

 

Total Dividends

 

February 25, 2014

 

March 28, 2014

 

$

0.15

 

$

10.0 million

 

April 29, 2014

 

May 16, 2014

 

0.15

 

10.0 million

 

July 31, 2014

 

August 18, 2014

 

0.15

 

10.0 million

 

 

On October 30, 2014, our board of directors declared a quarterly dividend of $0.15 per share of common stock to be paid on November 17, 2014 to stockholders of record at the close of business on November 10, 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.