Quarterly report [Sections 13 or 15(d)]

Organization (Tables)

v3.25.2
Organization (Tables)
6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash Dividends Payable

The Board declared the following quarterly cash dividends during the six months ended June 30, 2025:

 


Quarter

 

Dividend/Share
Amount

 

 

Record Date

 

Payment Date

1st

 

$

0.29

 

 

March 14, 2025

 

March 28, 2025

2nd

 

$

0.29

 

 

May 30, 2025

 

June 13, 2025

 

On December 5, 2024, the Board declared a dividend of $4.20 per share. The dividend was paid in the aggregate combination of 20% in cash and 80% in newly issued shares of common stock on January 24, 2025 to shareholders of record as of December 16, 2024. The portion of the dividend paid using common stock increased the number of issued and outstanding shares of common stock from 2,581,021 shares to 2,969,814 shares as of January 24, 2025.