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Cash Dividends
12 Months Ended
Dec. 31, 2022
Cash Dividends  
Cash Dividends

(11)  Cash Dividends

The Company paid cash dividends for the quarter indicated as follows (in thousands, except per share data):

Dividends

Period

    

Record Date

    

Dividend Date

    

Dividends

    

per Share

Q4 2019

January 31, 2020

February 12, 2020

$

148,876

$

0.3075

*

February 14, 2020

February 14, 2020

138

*

Q1 2020

April 30, 2020

May 12, 2020

147,519

0.3075

*

May 15, 2020

May 15, 2020

137

*

Q2 2020

July 30, 2020

August 12, 2020

146,664

0.3075

*

August 14, 2020

August 14, 2020

138

*

Q3 2020

October 29, 2020

November 12, 2020

146,581

0.3075

*

November 16, 2020

November 16, 2020

137

*

Total 2020

$

590,190

Q4 2020

February 3, 2021

February 11, 2021

$

147,194

$

0.3075

*

February 16, 2021

February 16, 2021

138

*

Q1 2021

April 28, 2021

May 12, 2021

108,799

0.2250

*

May 17, 2021

May 17, 2021

137

*

Q2 2021

July 28, 2021

August 11, 2021

107,719

0.2250

*

August 16, 2021

August 16, 2021

138

*

Q3 2021

October 27, 2021

November 10, 2021

107,459

0.2250

*

November 15, 2021

November 15, 2021

137

*

Total 2021

$

471,721

Q4 2021

January 26, 2022

February 9, 2022

$

108,149

$

0.2250

*

February 14, 2022

February 14, 2022

138

*

Q1 2022

April 27, 2022

May 11, 2022

109,296

0.2250

*

May 16, 2022

May 16, 2022

137

*

Q2 2022

July 27, 2022

August 10, 2022

107,675

0.2250

*

August 15, 2022

August 15, 2022

138

*

Q3 2022

October 26, 2022

November 9, 2022

107,705

0.2250

*

November 14, 2022

November 14, 2022

137

*

Total 2022

$

433,375

*

Dividends are paid in accordance with the terms of the Series A Preferred Stock (as defined below) as discussed in Note 12—Equity and Earnings Per Common Share.

On January 11, 2023, the Board announced the declaration of a cash dividend on the shares of AM common stock of $0.2250 per share for the quarter ended December 31, 2022. The dividend was paid on February 8, 2023 to stockholders of record as of January 25, 2023. The Company pays dividends (i) out of surplus or (ii) if there is no surplus, out of the net profits for the fiscal year in which the dividend is declared and/or the preceding fiscal year, as provided under Delaware law.

The Board also declared a cash dividend of $138 thousand on the shares of Series A Preferred Stock of Antero Midstream Corporation that was paid on February 14, 2023 in accordance with the terms of the Series A Preferred Stock, which are discussed in Note 12—Equity and Earnings Per Common Share. As of December 31, 2022, there were dividends in the amount of $69 thousand accumulated in arrears on the Company’s Series A Preferred Stock.