XML 25 R19.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Dividends and Distributions
3 Months Ended
Mar. 31, 2024
Dividends and Distributions [Abstract]  
Dividends and Distributions

Note 9. Dividends and Distributions

The Company’s dividends and distributions are recorded on the record date. The following table summarizes the dividends paid during the last two fiscal years and for the three months ended March 31, 2024.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DRIP

 

 

 

 

 

DRIP

 

Date

 

Record

 

Payment

 

Amount

 

 

Total

 

 

Cash

 

 

Shares

 

 

DRIP

 

 

Share

 

Declared

 

Date

 

Date

 

Per Share

 

 

Distribution

 

 

Distribution

 

 

Value

 

 

Shares

 

 

Issue Price

 

Year Ended December 31, 2022:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2/15/2022

 

3/11/2022

 

3/25/2022

 

$

0.36

 

 

$

8,797

 

 

$

8,797

 

 

$

 

(3)

 

 

(3)

 

 

2/15/2022 (2)

 

3/11/2022

 

3/25/2022

 

 

0.17

 

 

 

4,154

 

 

 

4,154

 

 

 

 

(3)

 

 

(3)

 

 

5/02/2022

 

6/10/2022

 

6/24/2022

 

 

0.36

 

 

 

8,797

 

 

 

8,797

 

 

 

 

(3)

 

 

(3)

 

 

5/02/2022 (2)

 

6/10/2022

 

6/24/2022

 

 

0.07

 

 

 

1,712

 

 

 

1,712

 

 

 

 

(3)

 

 

(3)

 

 

8/01/2022

 

9/9/2022

 

9/23/2022

 

 

0.36

 

 

 

8,797

 

 

 

8,797

 

 

 

 

(3)

 

 

(3)

 

 

8/01/2022 (2)

 

9/9/2022

 

9/23/2022

 

 

0.07

 

 

 

1,711

 

 

 

1,711

 

 

 

 

(3)

 

 

(3)

 

 

8/01/2022

 

12/2/2022

 

12/16/2022

 

 

0.36

 

 

 

8,902

 

 

 

8,902

 

 

 

 

(3)

 

 

(3)

 

 

8/01/2022 (2)

 

12/2/2022

 

12/16/2022

 

 

0.07

 

 

 

1,731

 

 

 

1,731

 

 

 

 

(3)

 

 

(3)

 

 

11/03/2022 (2)

 

12/2/2022

 

12/16/2022

 

 

0.08

 

 

 

1,978

 

 

 

1,978

 

 

 

 

(3)

 

 

(3)

 

 

11/03/2022 (1)

 

12/2/2022

 

12/16/2022

 

 

0.10

 

 

 

2,473

 

 

 

2,473

 

 

 

 

(3)

 

 

(3)

 

 

 

 

 

 

 

 

$

2.00

 

 

$

49,052

 

 

$

49,052

 

 

$

 

 

 

 

 

 

 

Year Ended December 31, 2023:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2/15/2023

 

3/22/2023

 

3/29/2023

 

$

0.41

 

 

$

10,245

 

 

$

10,245

 

 

$

 

(3)

 

 

(3)

 

 

2/15/2023 (2)

 

3/22/2023

 

3/29/2023

 

 

0.15

 

 

 

3,748

 

 

 

3,748

 

 

 

 

(3)

 

 

(3)

 

 

2/15/2023 (1)

 

3/22/2023

 

3/29/2023

 

 

0.10

 

 

 

2,499

 

 

 

2,499

 

 

 

 

(3)

 

 

(3)

 

 

5/02/2023

 

6/21/2023

 

6/28/2023

 

 

0.41

 

 

 

10,340

 

 

 

9,987

 

 

 

353

 

 

 

18,061

 

 

 

19.56

 

5/02/2023 (2)

 

6/21/2023

 

6/28/2023

 

 

0.19

 

 

 

4,792

 

 

 

4,628

 

 

 

164

 

 

 

8,370

 

 

 

19.56

 

5/02/2023 (1)

 

6/21/2023

 

6/28/2023

 

 

0.10

 

 

 

2,522

 

 

 

2,436

 

 

 

86

 

 

 

4,405

 

 

 

19.56

 

8/01/2023

 

9/20/2023

 

9/27/2023

 

 

0.41

 

 

 

11,666

 

 

 

11,666

 

 

 

 

(3)

 

 

(3)

 

 

8/01/2023 (2)

 

9/20/2023

 

9/27/2023

 

 

0.21

 

 

 

5,975

 

 

 

5,975

 

 

 

 

(3)

 

 

(3)

 

 

8/01/2023 (1)

 

9/20/2023

 

9/27/2023

 

 

0.10

 

 

 

2,845

 

 

 

2,845

 

 

 

 

(3)

 

 

(3)

 

 

10/30/2023

 

12/20/2023

 

12/27/2023

 

 

0.43

 

 

 

13,061

 

 

 

13,061

 

 

 

 

(3)

 

 

(3)

 

 

10/30/2023 (2)

 

12/20/2023

 

12/27/2023

 

 

0.27

 

 

 

8,200

 

 

 

8,200

 

 

 

 

(3)

 

 

(3)

 

 

10/30/2023 (1)

 

12/20/2023

 

12/27/2023

 

 

0.10

 

 

 

3,037

 

 

 

3,037

 

 

 

 

(3)

 

 

(3)

 

 

 

 

 

 

 

 

$

2.88

 

 

$

78,930

 

 

$

78,327

 

 

$

603

 

 

 

30,836

 

 

 

 

Three Months Ended March 31, 2024:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2/14/2024

 

3/20/2024

 

3/27/2024

 

$

0.43

 

 

$

13,513

 

 

$

13,513

 

 

$

 

(3)

 

 

(3)

 

 

2/14/2024 (2)

 

3/20/2024

 

3/27/2024

 

 

0.22

 

 

 

6,914

 

 

 

6,914

 

 

 

 

(3)

 

 

(3)

 

 

 

 

 

 

 

 

$

0.65

 

 

$

20,427

 

 

$

20,427

 

 

$

 

 

 

 

 

 

 

 

(1)

Special dividend

(2)

Supplemental dividend

(3)

Except for the shares issued pursuant to the DRIP as reflected in the table above, during the three months ended March 31, 2024 and the years ended December 31, 2023 and 2022, the Company directed the DRIP plan administrator to repurchase shares on the open market in order to satisfy the DRIP obligation to deliver shares of common stock in lieu of issuing new shares. Accordingly, the Company purchased and reissued shares to satisfy the DRIP obligation as follows:

 

 

 

 

 

Number of

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

Average

 

 

 

 

 

 

 

 

Purchased

 

 

Price Paid

 

 

Total

 

Year Ended December 31, 2022:

 

 

 

and Reissued

 

 

Per Share

 

 

Amount Paid

 

January 1, 2022 through March 31, 2022

 

 

 

 

20,380

 

 

$

20.51

 

 

$

418

 

April 1, 2022 through June 30, 2022

 

 

 

 

20,233

 

 

 

17.89

 

 

 

362

 

July 1, 2022 through September 30, 2022

 

 

 

 

21,114

 

 

 

17.08

 

 

 

360

 

October 1, 2022 through December 31, 2022

 

 

 

 

23,026

 

 

 

18.99

 

 

 

437

 

Total

 

 

 

 

84,753

 

 

$

18.61

 

 

$

1,577

 

 

 

 

 

 

Number of

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

Average

 

 

 

 

 

 

 

 

Purchased

 

 

Price Paid

 

 

Total

 

Year Ended December 31, 2023:

 

 

 

and Reissued

 

 

Per Share

 

 

Amount Paid

 

January 1, 2023 through March 31, 2023

 

 

 

 

25,512

 

 

$

19.22

 

 

$

490

 

April 1, 2023 through June 30, 2023

 

 

 

 

 

 

 

 

 

 

 

July 1, 2023 through September 30, 2023

 

 

 

 

39,962

 

 

 

19.21

 

 

 

768

 

October 1, 2023 through December 31, 2023

 

 

 

 

45,047

 

 

 

19.83

 

 

 

893

 

Total

 

 

 

 

110,521

 

 

$

19.46

 

 

$

2,151

 

 

 

 

 

 

Number of

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

Average

 

 

 

 

 

 

 

 

Purchased

 

 

Price Paid

 

 

Total

 

Year Ended December 31, 2024:

 

 

 

and Reissued

 

 

Per Share

 

 

Amount Paid

 

January 1, 2024 through March 31, 2024

 

 

 

 

43,050

 

 

$

19.78

 

 

$

852

 

Total

 

 

 

 

43,050

 

 

$

19.78

 

 

$

852