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Dividends and Share Repurchases | 6 Months Ended
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Mar. 31, 2021
Stockholders' Equity Note [Abstract] |
Dividends and Share Repurchases | Dividends and Share RepurchasesOn February 19, 2021, the Company paid a regular dividend on common stock of $0.23 per share, which represented the 152 nd consecutive quarterly cash dividend. Dividends per share were $0.23 and $0.22 for the quarters ended March 31, 2021 and 2020, respectively. On April 27, 2021, the Company declared a regular dividend on common stock of $0.23 per share, which represents its 153 rd consecutive quarterly cash dividend. This dividend will be paid on May 21, 2021 to common shareholders of record on May 7, 2021. For the three months ended March 31, 2021, the Company repurchased 2,824,588 shares at an average price of $31.53. This total includes 1,715,335 shares of common stock repurchased under the modified "Dutch auction" tender offer that was completed in March 2021 for a total cost of $53,780,000, including fees and expenses. As of March 31, 2021, there are 11,769,687 remaining shares authorized to be repurchased under the current Board approved share repurchase program. On January 26, 2021 the Board authorized an additional 10,000,000 shares for repurchase under the program. On April 2, 2021, the Company declared a cash dividend of $9.0729 per share on its Series A Preferred Stock. This dividend equals $0.22682250 per depositary share. The Series A Preferred Stock dividend was paid on April 15, 2021, to shareholders of record as of April 13, 2021.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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