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Note 8 - Dividends Declared and Paid
6 Months Ended
Jun. 30, 2026
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 $ 0.20 per share and distributions on LTIP units of $ 0.20 per unit for the six months ended June 30, 2026. The Company declared total dividends on common shares of $ 0.18 per share and distributions on LTIP units of $ 0.18 per unit for the six months ended June 30, 2025. 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

3/31/2026

4/15/2026

 $0.10  $0.10 

June

6/30/2026

7/15/2026

  0.10   0.10 
           

Total 2026

   $0.20  $0.20 

 

 

    

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 
           

Total 2025

 $0.18  $0.18 

 

Preferred Dividends

 

During the six months ended June 30, 2026 and 2025, the Company declared total dividends of $0.82812 and $0.82812, 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

3/31/2026

4/15/2026

 $0.41406 

June

6/30/2026

7/15/2026

  0.41406 
       

Total 2026

   $0.82812 

 

 

    

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 
       

Total 2025

   $0.82812