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Dividends Declared and Paid

6 Months Ended

Jun. 30, 2022

Common Dividends

The Company suspended common dividends beginning after the payment of the March 27, 2020 dividend due to a decline in operating performance caused by the COVID-19 pandemic. There were no common share dividends declared during the three and six months ended June 30, 2022 and 2021.

Preferred Dividends

During the three and six months ended June 30, 2022, the Company declared dividends of $0.41406 and $0.82812, respectively, per share of 6.625% Series A Cumulative Redeemable Preferred Shares. There were no preferred share dividends declared during the three and six months ended June 30, 2021. The preferred share dividends paid were as follows:

Record Date

Payment Date

Dividend per Preferred Share

March

3/31/2022

4/18/2022

0.41406

June

6/30/2022

7/15/2022

0.41406

Total 2022

0.82812