v3.26.1
Dividends and Distributions
3 Months Ended
Mar. 31, 2026
Dividends and Distributions [Abstract]  
Dividends and Distributions

Note 8. Dividends and Distributions

The Company’s dividends and distributions are recorded on the ex-dividend date. The following table summarizes the Company’s dividend declarations and distributions during the three months ended March 31, 2026:

 

Date Declared

 

Record Date

 

Payment Date

 

Amount Per Share

 

 

Cash Distribution

 

DRIP Shares Issued

 

DRIP Shares Value

 

2/26/2026

 

3/27/2026

 

4/9/2026

 

$

0.360

 

 

$

11,203,493

 

-

 

$

-

 

3/19/2026

 

3/27/2026

 

4/9/2026

 

 

0.010

 

 

 

311,208

 

-

 

 

-

 

 

The following table summarizes the Company’s dividend declarations and distributions during the year ended December 31, 2025:

 

Date Declared

 

Record Date

 

Payment Date

 

Amount Per Share

 

 

Cash Distribution

 

DRIP Shares Issued

 

DRIP Shares Value

 

2/27/2025

 

3/28/2025

 

4/10/2025

 

$

0.360

 

 

$

11,552,886

 

12,507

 

$

161,965

(1)

3/24/2025

 

3/28/2025

 

4/10/2025

 

 

0.030

 

 

 

962,741

 

1,042

 

 

13,497

(1)

5/7/2025

 

6/27/2025

 

7/14/2025

 

 

0.360

 

 

 

11,573,928

 

1,857

 

 

26,446

(2)

6/23/2025

 

6/27/2025

 

7/14/2025

 

 

0.060

 

 

 

1,928,988

 

310

 

 

4,408

(2)

8/6/2025

 

9/26/2025

 

10/14/2025

 

 

0.360

 

 

 

11,462,765

 

2,119

 

 

26,836

(3)

9/23/2025

 

9/26/2025

 

10/14/2025

 

 

0.060

 

 

 

1,910,460

 

353

 

 

4,473

(3)

11/5/2025

 

12/29/2025

 

1/14/2026

 

 

0.360

 

 

 

11,226,221

 

2,287

 

 

27,726

(4)

12/23/2025

 

12/29/2025

 

1/14/2026

 

 

0.070

 

 

 

2,182,877

 

445

 

 

5,391

(4)

(1)
In accordance with the Company’s dividend reinvestment plan, 13,549 shares of the Company’s stock were purchased in the open market at an average price of $12.95 and such shares were allocated to stockholders of the Company participating in the dividend reinvestment plan.
(2)
In accordance with the Company’s dividend reinvestment plan, 2,167 shares of the Company’s stock were purchased in the open market at an average price of $14.24 and such shares were allocated to stockholders of the Company participating in the dividend reinvestment plan.
(3)
In accordance with the Company's dividend reinvestment plan, 2,472 shares of the Company's stock were purchased in the open market at an average price of $12.66 and such shares were allocated to stockholders of the Company participating in the dividend reinvestment plan.
(4)
In accordance with the Company’s dividend reinvestment plan, 2,731 shares of the Company’s stock were purchased in the open market at an average price of $12.13 and such shares were allocated to stockholders of the Company participating in the dividend reinvestment plan.