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Dividends
6 Months Ended
Jun. 30, 2022
Dividends [Abstract]  
Dividends

4. Dividends

On February 24, 2022, the Company’s Board of Directors declared an unfranked ordinary dividend of $150.9 million, or 9.0 cents per CDI ($0.90 per share of common stock). The dividend had a record date of March 18, 2022 and was paid on April 8, 2022.

On May 9, 2022, the Company’s Board of Directors declared a special unfranked dividend of $99.5 million, or 5.9 cents per CDI ($0.59 per share of common stock), reflecting the unaccepted portion of the offer to purchase the Notes made in connection with the dividend declared on February 24, 2022, and a special unfranked dividend of $100.6 million, or 6.0 cents per CDI ($0.6 per share of common stock). The dividend had a record date of May 31, 2022 and was paid on June 21, 2022.

The Company paid a total of $348.4 million in relation to the above dividends to stockholders and CDI holders on the ASX, net of $2.6 million foreign exchange gain on settlement of dividends that were elected by certain CDI holders to be paid in Australian dollars.