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Stockholders' Equity
 9 Months Ended
Sep. 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 September 30, 2024, 138,169,164 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 September 30,

 

 

Nine Months Ended September 30,

 

Dividends declared per share of:

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Common Stock

 

$

0.25

 

 

$

0.35

 

 

$

0.95

 

 

$

1.05

 

Series B-1 Preferred Stock

 

$

0.45

 

 

$

0.45

 

 

$

1.35

 

 

$

1.35

 

 

Common Stock Repurchases. During the three and nine months ended September 30, 2024, we repurchased 289,633 and 4,013,405 shares, respectively, of our common stock at a weighted-average price of $9.96 and $10.15 per share, respectively. As of September 30, 2024, the approximate dollar value of shares that may yet be purchased under our stock repurchase program was $131.6 million.