v3.26.1
DIVIDENDS AND DISTRIBUTIONS
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
DIVIDENDS AND DISTRIBUTIONS
11. DIVIDENDS AND DISTRIBUTIONS

The following table summarizes the Company’s dividends declared and payable during the six months ended June 30, 2026 and 2025:

Date declaredRecord datePayment datePer share
amount		Total amount
April 28, 2026June 15, 2026June 30, 2026$0.48 345 
February 4, 2026March 13, 2026March 31, 20260.48 345 
Total dividends declared and payable for the six months ended June 30, 2026
$0.96 $690 
April 29, 2025June 13, 2025June 30, 2025$0.48 $337 
February 5, 2025March 14, 2025March 31, 20250.48 328 
Total dividends declared and payable for the six months ended June 30, 2025
$0.96 $665 

The Company has a dividend reinvestment plan, whereby the Company may buy shares of its common stock in the open market or issue new shares in order to satisfy dividend reinvestment requests. When the Company issues new shares in connection with the dividend reinvestment plan, the issue price is equal to the closing price of its common stock on the dividend payment date. Dividend reinvestment plan activity for the six months ended June 30, 2026 and 2025, was as follows:

For the Six Months Ended June 30,
20262025
Shares issued— 1.8 
Average issue price per share$— $22.06 
Shares purchased by plan agent to satisfy dividends declared and payable during the period for stockholders 2.3 (1)— 
Average purchase price per share$18.27 $— 
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(1)Shares were purchased in April 2026 and July 2026.