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SHAREHOLDERS EQUITY | 12 Months Ended
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Dec. 31, 2022
SHAREHOLDERS EQUITY |
SHAREHOLDERS EQUITY | 7.SHAREHOLDERS EQUITY Common Stock The Company is authorized to issue up to 100,000,000 shares of common stock with a par value of one cent per share. For more information on stock-based compensation and the Company’s 2016 Stock Incentive Plan, see Note 4 to our Consolidated Financial Statements. Preferred Stock The Company is authorized to issue up to 5,000,000 shares of undesignated preferred stock with a par value of one cent per share and which can be issued in one or more series. The terms, price and conditions of the preferred shares will be set by the board of directors. No shares of preferred stock have been issued. Dividends The Company has paid consecutive quarterly cash dividends since May 2011. Dividend payments made for 2022, 2021 and 2020 were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | Dividend |  | ​ | ​
Payment | ​ | Record Date | ​ | Payment Date | ​ | (per share) | ​ | Amount
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Q1 2020 | ​ | March 16, 2020 | ​ | March 23, 2020 | ​ | $ | 0.18 | ​ | $ | 2,053
Q2 2020 | ​ | June 8, 2020 | ​ | June 15, 2020 | ​ |  | 0.18 | ​ |  | 2,053
Q3 2020 | ​ | September 7, 2020 | ​ | September 14, 2020 | ​ |  | 0.18 | ​ |  | 2,053
Q4 2020 | ​ | December 7, 2020 | ​ | December 14, 2020 | ​ |  | 0.18 | ​ |  | 2,053
Total for 2020 | ​ |  | ​ | ​ | ​ | $ | 0.72 | ​ | $ | 8,212
​ | ​ |  | ​ | ​ | ​ |  |  | ​ |  |
Q1 2021 | ​ | March 15, 2021 | ​ | March 22, 2021 | ​ | $ | 0.18 | ​ | $ | 2,054
Q2 2021 | ​ | June 7, 2021 | ​ | June 14, 2021 | ​ |  | 0.18 | ​ |  | 2,054
Q3 2021 | ​ | September 3, 2021 | ​ | September 13, 2021 | ​ |  | 0.18 | ​ |  | 2,054
Q4 2021 | ​ | December 6, 2021 | ​ | December 13, 2021 | ​ |  | 0.18 | ​ |  | 2,054
Total for 2021 | ​ |  | ​ | ​ | ​ | $ | 0.72 | ​ | $ | 8,216
​ | ​ |  | ​ | ​ | ​ |  |  | ​ |  |
Q1 2022 | ​ | March 21, 2022 | ​ | March 28, 2022 | ​ | $ | 0.18 | ​ | $ | 2,055
Q2 2022 | ​ | June 6, 2022 | ​ | June 13, 2022 | ​ |  | 0.18 | ​ |  | 2,055
Q3 2022 | ​ | September 5, 2022 | ​ | September 12, 2022 | ​ |  | 0.18 | ​ |  | 2,055
Q4 2022 | ​ | December 5, 2022 | ​ | December 12, 2022 | ​ |  | 0.18 | ​ |  | 2,055
Total for 2022 | ​ | ​ | ​ |  | ​ | $ | 0.72 | ​ | $ | 8,220
​

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