Dividends on common stock: |
9 Months Ended | ||
|---|---|---|---|
Sep. 30, 2026 | |||
| Dividends on common stock: | |||
| Dividends on common stock: |
The Company paid dividends of $1.3 million ($0.02 per share) and $49.1 million ($1.015 per share) in the three months ended September 30, 2026 and 2025, respectively. The Company paid dividends of $4.9 million ($0.06 per share) and $147.8 million ($3.03 per share) in the nine months ended September 30, 2026 and 2025, respectively. The payment of any future dividends and any other returns of capital, including stock buybacks, will be at the discretion of the Company’s Board of Directors and may be reduced, eliminated or increased and will be dependent upon the Company’s financial position, results of operations, available cash, cash flow, capital requirements, limitations under the Company’s Indentures and other factors deemed relevant by the Company’s Board of Directors. The Company is a Delaware corporation and under the General Corporation Law of the State of Delaware, distributions may be restricted including a restriction that distributions, including stock purchases and dividends, do not result in an impairment of a corporation’s capital, as defined under Delaware law. The Indentures limit the Company’s ability to return cash to its stockholders. |