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Stockholders' Equity
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Stockholders' Equity

Note 17 – Stockholders' Equity

Our authorized capital stock consists of 450,000,000 shares of common stock, $0.01 par value per share and 50,000,000 shares of preferred stock, $0.01 par value per share. As of June 30, 2024, 138,438,433 shares of common stock were issued and

outstanding and 6,770,393 shares of our 7.25% Series B-1 Cumulative Redeemable Perpetual Preferred Stock ("Series B-1 Preferred Stock") were issued and outstanding. The Series B-1 Preferred Stock, with a par value $0.01 per share, have a liquidation preference of $25.00 per share.

Dividends. The following table details our dividend activity:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

Dividends declared per share of:

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Common Stock

 

$

0.35

 

 

$

0.35

 

 

$

0.70

 

 

$

0.70

 

Series B-1 Preferred Stock

 

$

0.45

 

 

$

0.45

 

 

$

0.90

 

 

$

0.90

 

 

Common Stock Repurchases. During the three and six months ended June 30, 2024, we repurchased 3,723,772 shares of our common stock at a weighted-average price of $10.16 per share. As of June 30, 2024, the approximate dollar value of shares that may yet be purchased under our stock repurchase program was $134.5 million.