Dividends

During the two fiscal quarters of 2014, the Company paid approximately $25.1 million of common stock dividends. Additionally, during the second quarter of 2014, the Company’s Board of Directors declared a $0.25 per share quarterly dividend on its outstanding common stock. The Company had approximately $14.4 million accrued for common stock dividends at June 15, 2014.

On July 16, 2014, the Company’s Board of Directors declared a $0.25 per share quarterly dividend on its outstanding common stock for shareholders of record as of September 15, 2014 to be paid on September 30, 2014.