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Subsequent Events
3 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On April 24, 2020, the Board of Directors declared a quarterly cash dividend payable on its common stock of $0.04 per common share, payable on June 15, 2020, to stockholders of record on June 1, 2020.
As a result of the spread of COVID-19, economic uncertainties have arisen that are likely to negatively impact the Company’s businesses, financial condition, results of operations, cash flows, strategies and prospects. The extent of the impact of COVID-19 on the Company’s operational and financial performance will depend on certain developments, including the duration and spread of the outbreak and impact on our clients, employees, vendors and the markets in which we operate our businesses, all of which are uncertain and cannot be predicted. The extent to which COVID-19 may impact the Company’s businesses, financial condition, results of operations, cash flows, strategies or prospects cannot be reasonably estimated at this time.
The Company has evaluated events that have occurred after the balance sheet date but before the financial statements are issued and has determined that there were no other subsequent events requiring adjustment or disclosure in the consolidated financial statements.