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Note 8 - Dividends Declared and Paid
9 Months Ended
Sep. 30, 2025
Notes to Financial Statements  
Dividends Declared Disclosure [Text Block]

8.

Dividends Declared and Paid

 

Common Dividends

 

The Company declared total dividends on common shares of $ 0.27 per share and distributions on LTIP units of $ 0.27 per unit for the nine months ended September 30, 2025. The Company declared total dividends on common shares of $ 0.21 per share and distributions on LTIP units of $ 0.21 per unit for the nine months ended September 30, 2024. The dividends on common shares and distributions on LTIP units were as follows:

 

    

Common share

  

LTIP unit

 
    

distribution

  

distribution

 
 

Record Date

Payment Date

 

amount

  

amount

 

March

3/31/2025

4/15/2025

 $0.09  $0.09 

June

6/30/2025

7/15/2025

  0.09   0.09 

September

9/30/2025

10/15/2025

  0.09   0.09 
           

Total 2025

   $0.27  $0.27 

 

 

    

Common share

  

LTIP unit

 
    

distribution

  

distribution

 
 

Record Date

Payment Date

 

amount

  

amount

 

March

3/28/2024

4/15/2024

 $0.07  $0.07 

June

9/30/2024

7/15/2024

  0.07   0.07 

September

9/28/2024

10/15/2024

  0.07   0.07 
           

Total 2024

   $0.21  $0.21 

 

Preferred Dividends

 

During the nine months ended September 30, 2025 and 2024, the Company declared total dividends of $1.24218 and $1.24218, respectively, per share of 6.625% Series A Cumulative Redeemable Preferred Shares. The preferred share dividends were as follows:

 

    

Dividend per

 
 

Record Date

Payment Date

 

Preferred Share

 

March

3/31/2025

4/15/2025

 $0.41406 

June

6/30/2025

7/15/2025

  0.41406 

September

9/30/2025

10/15/2025

  0.41406 
       

Total 2025

   $1.24218 

 

 

    

Dividend per

 
 

Record Date

Payment Date

 

Preferred Share

 

March

3/28/2024

4/15/2024

 $0.41406 

June

6/28/2024

7/15/2024

  0.41406 

September

9/30/2024

10/15/2024

  0.41406 
       

Total 2024

   $1.24218