14. Cash Dividends

The following table summarizes our dividends per common share:



Declaration Date	Payment Date	Dividends per Common Share		Total Dividends
January 26, 2016	February 16, 2016	$	0.1875	$	13.1	million
May 2, 2016	May 18, 2016	0.0950		6.7		million
July 27, 2016	August 16, 2016	0.0950		6.7		million
October 31, 2016	November 17, 2016	0.1200		8.4		million
January 19, 2017	February 15, 2017	0.1200		8.5		million
April 26, 2017	May 16, 2017	0.1200		8.5		million

On July 26, 2017, our board of directors declared a quarterly dividend of $0.12 per share of common stock to be paid on August 15, 2017 to stockholders of record at the close of business on August 8, 2017. 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.