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Common Stock and Dividends
6 Months Ended
Jun. 30, 2017
Stockholders' Equity Note [Abstract]  
Common Stock and Dividends
Common Stock and Dividends
 
Dividends declared and paid on a per share basis were as follows:
 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
Dividends declared
$
0.10

 
$
0.09

 
$
0.20

 
$
0.18

Dividends paid
$
0.10

 
$
0.09

 
$
0.20

 
$
0.18



On July 3, 2017, the Company announced that its Board of Directors had declared a quarterly cash dividend of $0.10 per share, which was paid on July 28, 2017, to shareholders of record at the close of business on July 17, 2017.