Dividends

9 Months Ended

Sep. 30, 2019

Equity [Abstract]

Dividends

Note 11—Dividends

During the nine months ended September 30, 2019, the Company paid regular quarterly cash dividends totaling approximately $44.1 million as follows:

	Quarter Ended
	September 30, 2019		June 30, 2019		March 31, 2019
	(in thousands, except per share data)
Cash dividend paid per common share	$	0.19875	$	0.19750	$	0.19625
Total cash dividends paid	$	14,789	$	14,688	$	14,588
Record date	August 23, 2019		May 24, 2019		February 15, 2019
Payment date	September 27, 2019		June 28, 2019		March 22, 2019

Additionally, on October 22, 2019, the Company’s Board of Directors declared a regular quarterly cash dividend of $0.20000 per common share, which will be paid on December 27, 2019, to shareholders of record as of the close of business on November 22, 2019.

Cash dividends declared for the periods presented were as follows:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2019	2018	2019	2018
Cash dividends declared per common share	0.20000	0.19500	0.59625	0.58125