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Subsequent Events
6 Months Ended
Jun. 30, 2020
Subsequent Events [Abstract]  
Subsequent Events

NOTE 15. SUBSEQUENT EVENTS

Subsequent to June 30, 2020, we reduced outstanding term loan principal by $20.5 million through repayments and open market term loan debt repurchases and retirements, for a total debt reduction of $239.8 million since July 1, 2019.

On August 5, 2020, our Board of Directors declared a quarterly cash dividend of $0.06 per share on Victory common stock, a 20% increase over the second quarter 2020. The dividend is payable on September 25, 2020, to stockholders of record on September 10, 2020.