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Dividends
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Dividends
Dividends

During the nine months ended September 30, 2017, the Company paid regular quarterly cash dividends totaling approximately $41.3 million as follows:
 
Quarter Ended
 
March 31, 2017
 
June 30, 2017
 
September 30, 2017
 
(in thousands, except per share amounts)
Cash dividends paid per common share
$
0.18625

 
$
0.18750

 
$
0.18875

Total cash dividends paid
$
13,624

 
$
13,750

 
$
13,883

Record date
February 17, 2017

 
May 19, 2017

 
August 18, 2017

Payment date
March 24, 2017

 
June 23, 2017

 
September 22, 2017



Additionally, on October 17, 2017, the Company’s Board of Directors declared a regular quarterly cash dividend of $0.19 per common share, which will be paid on December 22, 2017, to shareholders of record as of the close of business on November 17, 2017.

Cash dividends declared for the periods presented were as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Cash dividends declared per common share
$
0.19000

 
$
0.18500

 
$
0.56625

 
$
0.55125