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Dividends
3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Dividends
Dividends

On March 27, 2015, we paid to shareholders of record on February 20, 2015, a regular cash dividend of $0.17625 per common share or $12,655,000 in the aggregate.

Additionally, on April 14, 2015, our Board of Directors declared a regular quarterly cash dividend of $0.17750 per common share, which will be paid on June 26, 2015, to shareholders of record as of the close of business on May 22, 2015.

Cash dividends on our outstanding weighted average number of basic common shares for the three months ended March 31, 2015 and 2014 were approximately as follows:

 
For the Three Months Ended March 31,
 
2015
 
2014
Cash dividends per common share
$
0.18

 
$
0.17



Our Board of Directors reviews our dividend policy on a quarterly basis. Although there can be no assurance that we will continue to pay dividends or the amount of the dividend, we expect to continue to pay a regular quarterly cash dividend. In connection with the establishment of our dividend policy, we adopted a Dividend Reinvestment Plan in 2003.