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Stockholders' Equity
 12 Months Ended
Dec. 31, 2021
Stockholders' Equity Note [Abstract]  
Stockholders' Equity STOCKHOLDERS’ EQUITY
Our Board of Directors declared dividends on our outstanding shares of common stock to stockholders of record as follows for the periods presented (in thousands, except per share amounts):
Year Ended December 31,
202120202019
Per Share AmountAggregate AmountPer Share AmountAggregate AmountPer Share AmountAggregate Amount
First Quarter$0.06 $2,582 $0.06 $2,571 $0.06 $2,569 
Second Quarter$0.06 $2,591 $0.06 $2,578 $0.06 $2,570 
Third Quarter$0.06 $2,589 $0.06 $2,581 $0.06 $2,571 
Fourth Quarter$0.06 $2,588 $0.06 $2,583 $0.06 $2,570 

In February 2021, IIC paid dividends of $3,500,000 to the Company. In February 2020, IIC paid dividends of $12,000,000 to the Company. In August 2019, ACIC paid dividends of $13,579,000 to the Company. In 2019, the Company returned a $1,764,000 dividend paid by IIC in 2018.

In July 2019, our Board of Directors authorized a stock repurchase plan of up to $25,000,000 of our common stock. As of December 31, 2021, we had not yet repurchased any shares under this stock repurchase plan. The timing and volume of repurchases are at the discretion of management, based on the capital needs of the business, the market price of UIHC common stock, and general market conditions. The plan has no expiration date, and the plan may be suspended or discontinued at any time.

See Note 20 for information regarding our stock-based compensation activity.