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Dividends | 12 Months Ended
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Dec. 31, 2018
Equity [Abstract] |
Dividends | Note 12— Dividends The Company has paid regular quarterly cash dividends since the second quarter of 2003. During 2018, the Company paid regular quarterly cash dividends totaling $57.2 million as detailed below:
| Quarter Ended |  |  |  |  |  |
| March 31, 2018 |  | June 30, 2018 |  | September 30, 2018 |  | December 31, 2018
| (in thousands, except per share amounts) |  |  |  |  |  |
Cash dividends paid per common share | $ | 0.19125 |  | $ | 0.19250 |  | $ | 0.19375 |  | $ | 0.19500
Total cash dividends paid | $ | 14,149 |  | $ | 14,249 |  | $ | 14,350 |  | $ | 14,453
Record date | February 16, 2018 |  | May 25, 2018 |  | August 24, 2018 |  | November 23, 2018
Payment date | March 23, 2018 |  | June 29, 2018 |  | September 28, 2018 |  | December 28, 2018
Additionally, on February 5, 2019, the Company’s Board of Directors declared a regular quarterly cash dividend of $0.19625 per common share, which will be paid on March 22, 2019 to shareholders of record as of the close of business on February 15, 2019. Cash dividends declared on the Company’s outstanding weighted average number of basic common shares for the years ended December 31, 2018, 2017 and 2016 were as follows:
| Year Ended December 31, |  |  |  |
| 2018 |  | 2017 |  | 2016
Cash dividends declared per common share | $ | 0.77750 |  | $ | 0.75750 |  | $ | 0.73750

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