| Summary of Dividends Declared and Distributed |
The table below summarizes dividends paid (in thousands except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payment Date |
|
Type |
|
Per Share |
|
|
Total Dividends |
|
|
Offset Against Receivables |
|
|
Paid in Cash |
|
February 9, 2023 |
|
Special |
|
$ |
0.80 |
|
|
$ |
71,256 |
|
|
$ |
58,983 |
|
|
$ |
12,273 |
|
July 12, 2023 |
|
Recurring |
|
$ |
0.40 |
|
|
$ |
35,965 |
|
|
$ |
25,133 |
|
|
$ |
10,832 |
|
Total dividends paid in 2023 |
|
|
|
$ |
1.20 |
|
|
$ |
107,222 |
|
|
$ |
84,116 |
|
|
$ |
23,105 |
|
January 9, 2024 |
|
Recurring |
|
$ |
0.40 |
|
|
$ |
35,007 |
|
|
$ |
25,133 |
|
|
$ |
9,874 |
|
July 15, 2024 |
|
Recurring |
|
$ |
0.40 |
|
|
$ |
35,391 |
|
|
$ |
7,829 |
|
|
$ |
27,561 |
|
Total dividends paid in 2024 |
|
|
|
$ |
0.80 |
|
|
$ |
70,398 |
|
|
$ |
32,962 |
|
|
$ |
37,435 |
|
January 13, 2025 |
|
Recurring |
|
$ |
0.40 |
|
|
$ |
35,395 |
|
|
$ |
— |
|
|
$ |
35,395 |
|
July 15, 2025 |
|
Recurring |
|
$ |
0.40 |
|
|
$ |
35,772 |
|
|
$ |
— |
|
|
$ |
35,772 |
|
Total dividends paid in 2025 |
|
|
|
$ |
0.80 |
|
|
$ |
71,167 |
|
|
$ |
— |
|
|
$ |
71,167 |
|
|
| Summary of Capital Returned to Shareholders |
The following table summarizes total capital returned to shareholders in the Company through share repurchases and dividends during 2023, 2024 and 2025 (in thousands, except number of shares and per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share Repurchases |
|
|
Dividends |
|
|
|
|
Year Ended December 31, |
|
Number of Shares |
|
|
Average Price Paid per Share |
|
|
Amount |
|
|
Per Share |
|
|
Amount |
|
|
Total Capital Returns |
|
2023 |
|
|
2,765,346 |
|
|
$ |
11.82 |
|
|
$ |
32,695 |
|
|
$ |
1.20 |
|
|
$ |
107,222 |
|
|
$ |
139,917 |
|
2024 |
|
|
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
0.80 |
|
|
$ |
70,398 |
|
|
$ |
70,398 |
|
2025 |
|
|
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
0.80 |
|
|
$ |
71,167 |
|
|
$ |
71,167 |
|
|