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Common Stock and Related Matters
3 Months Ended
Mar. 31, 2022
Class Of Stock Disclosures [Abstract]  
Common Stock and Related Matters

 

Shelf Registration Statement

 

In March 2022, we filed the March 2022 Shelf. The March 2022 Shelf will expire in March 2025. See Note 7 – Debt Obligations.

 

Common Stock Dividends

 

In January 2022, we declared an increase to our common dividend to $0.35 per common share or $1.40 per common share annualized effective for the fourth quarter of 2021, which was paid in February 2022.

 

The following table details the dividends declared and/or paid by us to common shareholders for the three months ended March 31, 2022:

 

Three Months Ended

 

Date Paid or

To Be Paid

 

Total Common

Dividends Declared

 

 

Amount of Common

Dividends Paid or

To Be Paid

 

 

Accrued

Dividends (1)

 

 

Dividends Declared per Share of Common Stock

 

(In millions, except per share amounts)

 

March 31, 2022

 

May 16, 2022

$

 

81.2

 

$

 

79.8

 

$

 

1.4

 

$

 

0.35000

 

December 31, 2021

 

February 15, 2022

 

 

81.4

 

 

 

80.1

 

 

 

1.3

 

 

 

0.35000

 

 

(1)

Represents accrued dividends on restricted stock and restricted stock units that are payable upon vesting.