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Subsequent Event
6 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]  
Subsequent Event

16. SUBSEQUENT EVENTS

In August 2023, the Board of Directors of the Company adopted a dividend policy. Pursuant to this policy, the Board of Directors of the Company intends to pay quarterly dividends, commencing in respect of (and following) the Company’s quarter ended June 30, 2023. On August 3, 2023, the Board of Directors of the Company declared the first quarterly dividend under the dividend policy of $0.11 per share, which will become payable on September 15, 2023 for holders of record as of September 1, 2023. Any decision to pay future cash dividends will, however, be made solely by the Board of Directors of the Company and depend on the Company’s available retained earnings, financial condition and other relevant factors.