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Common Stock and Dividends
 3 Months Ended
Mar. 31, 2020
Stockholders' Equity Note [Abstract]  
Common Stock and Dividends Common Stock and Dividends
 
Dividends declared and paid on a per share basis were as follows:
Three Months Ended
March 31,
20202019
Dividends declared
$0.13  $0.12  
Dividends paid
$0.13  $0.12  

On April 1, 2020, the Company announced that its Board of Directors had declared a quarterly cash dividend of $0.13 per share, which was paid on April 29, 2020, to shareholders of record at the close of business on April 15, 2020.