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Note 8 - Dividends Declared and Paid
3 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Dividends Declared Disclosure [Text Block]

8.

Dividends Declared and Paid

 

Common Dividends

 

The Company declared total dividends on common shares of $0.09 per share and distributions on LTIP units of $0.09 per unit for the three months ended March 31, 2025. The Company declared total dividends on common shares of $0.07 per share and distributions on LTIP units of $0.07 per unit for the three months ended March 31, 2024. The dividends on common shares and distributions on LTIP units were as follows:

 

    

Common share

  

LTIP unit

 
    

distribution

  

distribution

 
 

Record Date

Payment Date

 

amount

  

amount

 

March

3/31/2025

4/15/2025

 $0.09  $0.09 
           

Total 2025

   $0.09  $0.09 

 

 

    

Common share

  

LTIP unit

 
    

distribution

  

distribution

 
 

Record Date

Payment Date

 

amount

  

amount

 

March

3/28/2024

4/15/2024

 $0.07  $0.07 
           

Total 2024

   $0.07  $0.07 

 

Preferred Dividends

 

During the three months ended March 31, 2025 and 2024, the Company declared total dividends of $0.41406 and $0.41406, respectively, per share of 6.625% Series A Cumulative Redeemable Preferred Shares. The preferred share dividends were as follows:

 

    

Dividend per

 
 

Record Date

Payment Date

 

Preferred Share

 

March

3/31/2025

4/15/2025

 $0.41406 
       

Total 2025

   $0.41406 

 

 

    

Dividend per

 
 

Record Date

Payment Date

 

Preferred Share

 

March

3/28/2024

4/15/2024

 $0.41406 
       

Total 2024

   $0.41406