XML 21 R12.htm IDEA: XBRL DOCUMENT v3.22.0.1
Dividends and Share Repurchases
3 Months Ended
Dec. 31, 2021
Stockholders' Equity Note [Abstract]  
Dividends and Share Repurchases Dividends and Share Repurchases
On November 19, 2021, the Company paid a regular dividend on common stock of $0.23 per share, which represented the 155th consecutive quarterly cash dividend. Dividends per share were $0.23 and $0.22 for the quarters ended December 31, 2021 and 2020, respectively. On January 25, 2022, the Company declared a regular dividend on common stock of $0.24 per share, which represents its 156th consecutive quarterly cash dividend to its common shareholders. This dividend will be paid on February 18, 2022 to common shareholders of record as of February 4, 2022.

For the three months ended December 31, 2021, the Company repurchased 84,114 shares at an average price of $35.34. As of December 31, 2021, there are 3,733,004 remaining shares authorized to be repurchased under the current Board approved share repurchase program.

The Company pays a cash dividend, if declared by the Board, of $12.1875 per share on its Series A Preferred Stock quarterly on January 15, April 15, July 15 and October 15. This dividend equals $0.30468750 per depositary share (each dividend, a "Series A Preferred Dividend"). The Company paid the Series A Preferred Dividend on January 15, 2022. On January 25, 2022, the Company declared a Series A Preferred Dividend to be paid on April 15, 2022 to shareholders of record as of March 31, 2022.