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Subsequent Events:
12 Months Ended
Dec. 31, 2025
Subsequent Events:  
Subsequent Events:

11. Subsequent Events:

Dividend

On February 18, 2026, the Company’s Board of Directors approved the payment of a quarterly dividend of $0.02 per common share. The dividend for the first quarter of 2026 will be paid to holders of record on March 6, 2026. This estimated $1.0 million dividend payment is expected to be made on March 20, 2026.

Interest Rate Swap Agreement

The Company’s Swap Agreement was settled on February 5, 2026 with a payment of $4.1 million and the total $4.3 million cash deposit was released and the account was closed.