Dividends and Splits
On March 16, 2018, the Company announced that to better align itself with its peers, with effect from the third quarter of 2018, it switched from paying dividends on its common stock on a monthly basis to a quarterly basis.
During 2023, the company generated excess inclusion income as described in Internal Revenue Code Section 860E that is allocable to our shareholders. Certain categories of stockholders, such as non-U.S. stockholders eligible for treaty or other benefits, stockholders with net operating losses, and certain tax-exempt stockholders that are subject to unrelated business income tax, will be subject to increased taxes on a portion of their dividend income from us that is attributable to any such excess inclusion income.
0.1% of the amount reported in box 1A constitutes excess inclusion income as described in Internal Revenue Code Section 860E. Please consult your tax advisor
**100% of the 2023 taxable dividend amount is a Section 199A dividend.
Common Stock
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
|---|---|---|---|---|---|---|
| 12/15/2022 | 12/29/2022 | 12/30/2022 | 01/17/2023 | 0.0558 | 0.0558 | |
| 03/16/2023 | 03/30/2023 | 03/31/2023 | 04/17/2023 | 0.0600 | 0.0600 | |
| 06/14/2023 | 06/29/2023 | 06/30/2023 | 07/17/2023 | 0.0600 | 0.0600 | |
| 09/14/2023 | 09/28/2023 | 09/29/2023 | 10/16/2023 | 0.0700 | 0.0700 | |
| 12/12/2023 | 12/28/2023 | 12/29/2023 | 01/16/2024 | 0.0700 | 0.0026 | |
| 06/13/2024 | 06/27/2024 | 06/28/2024 | 07/15/2024 | 0.0700 | 0.0026 |
| 2022Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 12/15/2022 | 12/29/2022 | 12/30/2022 | 01/17/2023 | 0.0600 | 0.0042 | |
| 09/15/2022 | 09/29/2022 | 09/30/2022 | 10/17/2022 | 0.0600 | 0.0600 | |
| 06/15/2022 | 06/29/2022 | 06/30/2022 | 07/15/2022 | 0.0600 | 0.0600 | |
| 03/16/2022 | 03/30/2022 | 03/31/2022 | 04/17/2022 | 0.0600 | 0.0600 | |
| 2021Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 03/15/2021 | 03/30/2021 | 03/31/2021 | 04/15/2021 | 0.0900 | 0.0900 | |
| 06/16/2021 | 06/29/2021 | 06/30/2021 | 07/15/2021 | 0.0900 | 0.0900 | |
| 09/14/2021 | 09/29/2021 | 09/30/2021 | 10/15/2021 | 0.0900 | 0.0900 | |
| 12/15/2021 | 12/30/2021 | 12/31/2021 | 01/18/2022 | 0.0900 | 0.08570 | |
| 2020Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 12/21/2020 | 12/19/2020 | 12/31/2020 | 01/15/2021 | 0.0400 | 0.0400 | |
| 12/18/2020 | 12/30/2020 | 12/31/2020 | 01/15/2021 | 0.0900 | 0.0900 | |
| 09/17/2020 | 09/29/2020 | 09/30/2020 | 10/15/2020 | 0.0850 | 0.0850 | |
| 06/17/2020 | 06/29/2020 | 06/30/2020 | 07/15/2020 | 0.0750 | 0.0750 | |
| 03/12/2020 | 03/30/2020 | 03/31/2020 | 04/15/2020 | 0.0750 | 0.0750 | |
| 2019Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 12/04/2019 | 12/30/2019 | 12/31/2019 | 01/15/2020 | 0.0750 | 0.074 | 0.001 |
| 09/17/2019 | 09/27/2019 | 09/30/2019 | 10/15/2019 | 0.0750 | 0.074 | 0.001 |
| 06/10/2019 | 06/27/2019 | 07/28/2019 | 07/15/2019 | 0.0750 | 0.074 | 0.001 |
| 03/18/2019 | 03/28/2019 | 03/29/2019 | 04/15/2019 | 0.0700 | 0.069 | 0.001 |
| 2018Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 12/07/2018 | 12/28/2018 | 12/31/2018 | 01/15/2019 | 0.0600 ** | 0.0384 | 0.0216 |
| 09/10/2018 | 09/27/2018 | 09/28/2018 | 10/15/2018 | 0.0600 ** | 0.0384 | 0.0216 |
| 03/16/2018 | 06/14/2018 | 06/15/2018 | 06/29/2018 | 0.0200 ** | 0.0128 | 0.0072 |
| 03/16/2018 | 05/14/2018 | 05/15/2018 | 05/30/2018 | 0.0200 ** | 0.0128 | 0.0072 |
| 03/16/2018 | 04/13/2018 | 04/16/2018 | 04/27/2018 | 0.0200 ** | 0.0128 | 0.0072 |
| 01/05/2018 | 03/14/2018 | 03/15/2018 | 03/29/2018 | 0.0330 ** | 0.0210 | 0.0120 |
| 01/05/2018 | 02/14/2018 | 02/15/2018 | 02/27/2018 | 0.0330 ** | 0.0210 | 0.0120 |
| 01/05/2018 | 01/15/2018 | 01/16/2018 | 01/30/2018 | 0.0330 ** | 0.0210 | 0.0120 |
| 2017Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 09/15/2017 | 12/14/2017 | 12/15/2017 | 12/28/2017 | 0.0500 | ||
| 09/15/2017 | 11/14/2017 | 11/15/2017 | 11/29/2017 | 0.0500 | ||
| 09/15/2017 | 10/13/2017 | 10/16/2017 | 10/30/2017 | 0.0500 | ||
| 06/14/2017 | 09/14/2017 | 09/15/2017 | 09/28/2017 | 0.0500 | ||
| 06/14/2017 | 08/11/2017 | 08/15/2017 | 08/30/2017 | 0.0500 | ||
| 06/14/2017 | 07/13/2017 | 07/17/2017 | 07/28/2017 | 0.0500 | ||
| 03/16/2017 | 06/13/2017 | 06/15/2017 | 06/29/2017 | 0.0500 | ||
| 03/16/2017 | 05/11/2017 | 05/15/2017 | 05/30/2017 | 0.0500 | ||
| 03/16/2017 | 04/12/2017 | 04/17/2017 | 04/27/2017 | 0.0500 | ||
| 2016Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 12/27/2016 | 03/13/2017 | 03/15/2017 | 03/30/2017 | 0.0500 | ||
| 12/27/2016 | 02/13/2017 | 02/15/2017 | 02/27/2017 | 0.0500 | ||
| 12/27/2016 | 01/12/2017 | 01/17/2017 | 01/30/2017 | 0.0500 | ||
| 11/09/2016 | 11/17/2016 | 11/21/2016 | 12/27/2016 | 1.3275 ** | ||
| 09/16/2016 | 12/13/2016 | 12/15/2016 | 12/29/2016 | 0.0600 | ||
| 09/16/2016 | 11/10/2016 | 11/15/2016 | 11/29/2016 | 0.0600 | ||
| 09/16/2016 | 10/13/2016 | 10/17/2016 | 10/28/2016 | 0.0600 | ||
| 06/15/2016 | 09/13/2016 | 09/15/2016 | 09/29/2016 | 0.0600 | ||
| 06/15/2016 | 08/11/2016 | 08/15/2016 | 08/30/2016 | 0.0600 | ||
| 06/15/2016 | 07/13/2016 | 07/15/2016 | 07/28/2016 | 0.0600 | ||
| 03/16/2016 | 06/13/2016 | 06/15/2016 | 06/29/2016 | 0.0600 | ||
| 03/16/2016 | 05/12/2016 | 05/16/2016 | 05/27/2016 | 0.0600 | ||
| 03/16/2016 | 04/13/2016 | 04/15/2016 | 04/28/2016 | 0.0600 | ||
| 2015Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 12/15/2015 | 03/11/2016 | 03/15/2016 | 03/30/2016 | 0.0600 | ||
| 12/15/2015 | 02/11/2016 | 02/16/2016 | 02/26/2016 | 0.0600 | ||
| 12/15/2015 | 01/13/2016 | 01/15/2016 | 01/28/2016 | 0.0600 | ||
| 09/15/2015 | 12/11/2015 | 12/15/2015 | 12/30/2015 | 0.1000 | ||
| 09/15/2015 | 11/12/2015 | 11/16/2015 | 11/27/2015 | 0.1000 | ||
| 09/15/2015 | 10/13/2015 | 10/15/2015 | 10/29/2015 | 0.1000 | ||
| 06/15/2015 | 09/11/2015 | 09/15/2015 | 09/29/2015 | 0.1000 | ||
| 06/15/2015 | 08/12/2015 | 08/14/2015 | 08/28/2015 | 0.1000 | ||
| 06/15/2015 | 07/13/2015 | 07/15/2015 | 07/30/2015 | 0.1000 | ||
| 03/17/2015 | 06/11/2015 | 06/15/2015 | 06/29/2015 | 0.1250 | ||
| 03/17/2015 | 05/13/2015 | 05/15/2015 | 05/28/2015 | 0.1250 | ||
| 03/17/2015 | 04/13/2015 | 04/15/2015 | 04/29/2015 | 0.1250 | ||
Preferred Stock
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
|---|---|---|---|---|---|---|
| 03/16/2023 | 03/31/2023 | 04/03/2023 | 04/17/2023 | 0.4921875 | 0.4921875 | |
| 06/14/2023 | 06/30/2023 | 07/03/2023 | 07/17/2023 | 0.4921875 | 0.4921875 | |
| 09/14/2023 | 09/29/2023 | 10/02/2023 | 10/16/2023 | 0.4921875 | 0.4921875 | |
| 12/12/2023 | 12/29/2023 | 01/02/2024 | 01/16/2024 | 0.4921875 | 0.4921875 | |
| 06/13/2024 | 06/28/2024 | 07/01/2024 | 07/15/2024 | 0.4921875 | 0.4921875 |
| 2022Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 12/15/2023 | 01/02/2023 | 01/03/2023 | 01/17/2023 | 0.4921875 | 0.4921875 | |
| 09/15/2022 | 10/02/2022 | 09/30/2022 | 10/17/2022 | 0.4921875 | 0.4921875 | |
| 06/15/2022 | 06/30/2022 | 07/01/2022 | 07/15/2022 | 0.4921875 | 0.4921875 | |
| 03/16/2022 | 03/31/2022 | 04/03/2022 | 04/17/2022 | 0.0600 | 0.4921875 | |
| 2021Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 06/16/2021 | 06/30/2021 | 07/01/2021 | 07/15/2021 | .3828125 | .3828125 | |
| 09/14/2021 | 09/30/2021 | 10/01/2021 | 10/15/2021 | .4921875 | .4921875 | |
| 12/15/2021 | 12/31/2021 | 01/03/2022 | 01/18/2022 | .4921875 | .4921875 | |
| 2018Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 01/15/2019 | 02/14/2019 | 02/14/2019 | 0.1171 ** | 0.1171 | 0.0000 | |
| 12/07/2018 | 01/14/2019 | 01/15/2019 | 01/28/2019 | 0.2066 ** | 0.2066 | 0.0000 |
| 09/10/2018 | 12/14/2018 | 12/17/2018 | 12/27/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 09/10/2018 | 11/14/2018 | 11/15/2018 | 11/27/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 09/10/2018 | 10/12/2018 | 10/15/2018 | 10/26/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 07/03/2018 | 09/14/2018 | 09/17/2018 | 09/27/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 07/03/2018 | 08/14/2018 | 08/15/2018 | 08/27/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 07/03/2018 | 07/13/2018 | 07/16/2018 | 07/27/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 03/16/2018 | 06/14/2018 | 06/15/2018 | 06/27/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 03/16/2018 | 05/14/2018 | 05/15/2018 | 05/29/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 03/16/2018 | 04/13/2018 | 04/16/2018 | 04/27/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 01/05/2018 | 03/14/2018 | 03/15/2018 | 03/27/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 01/05/2018 | 02/14/2018 | 02/15/2018 | 02/27/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 01/05/2018 | 01/15/2018 | 01/16/2018 | 01/26/2018 | 0.1823 ** | 0.1823 | 0.0000 |
| 2017Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 09/15/2017 | 12/14/2017 | 12/15/2017 | 12/27/2017 | 0.1823 | ||
| 09/15/2017 | 11/14/2017 | 11/15/2017 | 11/27/2017 | 0.1823 | ||
| 09/15/2017 | 10/13/2017 | 10/16/2017 | 10/27/2017 | 0.1823 | ||
| 06/14/2017 | 09/14/2017 | 09/15/2017 | 09/27/2017 | 0.1823 | ||
| 06/14/2017 | 08/11/2017 | 08/15/2017 | 08/28/2017 | 0.1823 | ||
| 06/14/2017 | 07/13/2017 | 07/17/2017 | 07/27/2017 | 0.1823 | ||
| 03/16/2017 | 06/13/2017 | 06/15/2017 | 06/27/2017 | 0.1823 | ||
| 03/16/2017 | 05/11/2017 | 05/15/2017 | 05/30/2017 | 0.1823 | ||
| 03/16/2017 | 04/12/2017 | 04/17/2017 | 04/27/2017 | 0.1823 | ||
| 2016Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 12/27/2016 | 03/13/2017 | 03/15/2017 | 03/27/2017 | 0.1823 | ||
| 12/27/2016 | 02/13/2017 | 02/15/2017 | 02/27/2017 | 0.1823 | ||
| 12/27/2016 | 01/12/2017 | 01/17/2017 | 01/27/2017 | 0.1823 | ||
| 09/16/2016 | 12/13/2016 | 12/15/2016 | 12/29/2016 | 0.1823 | ||
| 09/16/2016 | 11/10/2016 | 11/15/2016 | 11/29/2016 | 0.1823 | ||
| 09/16/2016 | 09/16/2016 | 10/17/2016 | 10/28/2016 | 0.1823 | ||
| 06/15/2016 | 09/13/2016 | 09/15/2016 | 09/27/2016 | 0.1823 | ||
| 06/15/2016 | 08/11/2016 | 08/15/2016 | 08/29/2016 | 0.1823 | ||
| 06/15/2016 | 07/13/2016 | 07/15/2016 | 07/27/2016 | 0.1823 | ||
| 03/16/2016 | 06/13/2016 | 06/15/2016 | 06/27/2016 | 0.1823 | ||
| 03/16/2016 | 05/12/2016 | 05/16/2016 | 05/27/2016 | 0.1823 | ||
| 03/16/2016 | 04/13/2016 | 04/15/2016 | 04/27/2016 | 0.1823 | ||
| 2015Condense -Expand + | ||||||
|---|---|---|---|---|---|---|
| Declared | Ex-Dividend* | Record | Payable | Amount | Taxable Dividend | Return of Capital |
| 12/15/2015 | 03/11/2016 | 03/15/2016 | 03/28/2016 | 0.1823 | ||
| 12/15/2015 | 02/11/2016 | 02/16/2016 | 02/26/2016 | 0.1823 | ||
| 12/15/2015 | 01/13/2016 | 01/15/2016 | 01/27/2016 | 0.1823 | ||
| 09/15/2015 | 12/11/2015 | 12/15/2015 | 12/28/2015 | 0.1823 | ||
| 09/15/2015 | 11/12/2015 | 11/16/2015 | 11/27/2015 | 0.1823 | ||
| 09/15/2015 | 10/13/2015 | 10/15/2015 | 10/27/2015 | 0.1823 | ||
| 06/15/2015 | 09/11/2015 | 09/15/2015 | 09/28/2015 | 0.1823 | ||
| 06/15/2015 | 08/12/2015 | 08/14/2015 | 08/27/2015 | 0.1823 | ||
| 06/15/2015 | 07/13/2015 | 07/15/2015 | 07/27/2015 | 0.1823 | ||
| 03/17/2015 | 06/11/2015 | 06/15/2015 | 06/29/2015 | 0.1823 | ||
* Ex-Dividend Date as determined by the New York Stock Exchange.
** One time deficiency dividend, subject to stockholder election to receive entirely in stock or in cash. If the cash alternative is oversubscribed, each stockholder electing the cash alternative will receive a pro-rata amount of cash and stock with such cash component being no less than $0.2655 per share.
