Common shares (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangements [Abstract]

Summary of activity for awards of restricted stock

The following is a summary of activity for awards of restricted stock during the years ended December 31, 2024 and 2023:

		Number of Shares	Weighted Average Grant Date Fair Value
Outstanding and non-vested, December 31, 2022		2,705,989	$	21.63
	Granted	1,817,750	55.61
	Vested	(1,280,179)	27.11
	Forfeited	(12,500)	24.27
Outstanding and non-vested, December 31, 2023		3,231,060	$	38.57
	Granted	1,472,800	71.49
	Vested	(905,643)	27.40
	Forfeited	(4,334)	69.38
Outstanding and non-vested, December 31, 2024		3,793,883	$	53.98

Summary of future stock compensation expense

Assuming that all the restricted stock will vest, the stock compensation expense in future periods, including that related to restricted stock issued in prior periods will be:

In thousands of U.S. dollars	Employees		Directors		Total
For the year ending December 31, 2025	57,305		1,340		58,645
For the year ending December 31, 2026	39,826		331		40,157
For the year ending December 31, 2027	18,535		—		18,535
For the year ending December 31, 2028	5,126		—		5,126
	$	120,792	$	1,671	$	122,463

Summary of dividend payments

The following dividends were paid during the years ended December 31, 2024, 2023, and 2022.

Dividends	Date
per share	Paid
$0.10	March 15, 2022
$0.10	June 15, 2022
$0.10	September 15, 2022
$0.10	December 15, 2022
$0.20	March 31, 2023
$0.25	June 30, 2023
$0.25	September 15, 2023
$0.35	December 15, 2023
$0.40	March 27, 2024
$0.40	June 28, 2024
$0.40	September 13, 2024
$0.40	December 13, 2024