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Dividends (Tables)
 6 Months Ended
Jun. 30, 2024
Dividends [Abstract]  
Dividends
Following is a summary of our common and preferred share dividends that were declared and/or paid during the six months ended June 30, 2024 and 2023:
(millions, except per share amounts)Amount
DeclaredPayablePer Share
Accrued/Paid1
Common – Annual-Variable Dividends:
December 2023January 2024$0.75 $439.3 
Common – Quarterly Dividends:
May 2024July 20240.10 58.6 
March 2024April 20240.10 58.6 
December 2023January 20240.10 58.6 
May 2023July 20230.10 58.5 
March 2023April 20230.10 58.5 
December 2022January 20230.10 58.5 
Preferred Dividends:
January 20242
February 202415.688377 7.8 
May 2023June 202318.92463 9.5 
December 2022March 202326.875 13.4 
1 The accrual is based on an estimate of shares outstanding as of the record date and recorded as a component of accounts payable, accrued expenses, and other liabilities on our consolidated balance sheets until paid.
2 During the first quarter 2024, we redeemed all of the outstanding Serial Preferred Shares, Series B, at the stated amount of $1,000 per share, for an aggregate payout of $507.8 million, including accrued and unpaid dividends of $7.8 million to, but excluding, February 22, 2024, which was the redemption date.