DIVIDENDS

The following table provides a summary of dividends declared and paid per share:



	Year Ended December 31,
	2013				2012				2011
	Declared		Paid		Declared		Paid		Declared		Paid
Common shares	$	3.020	$	2.970	$	2.840	$	2.800	$	2.720	$	2.700
5.417% Series 1 Cumulative Convertible Preferred shares	$	1.354	$	1.354	$	1.354	$	1.354	$	1.354	$	1.354

A summary of the income tax status of dividends per share paid is as follows:



	Year Ended December 31,
	2013		2012		2011
Common shares
Ordinary dividend	$	2.911	$	2.772	$	2.349
Ordinary dividend eligible for 15% rate	—		—		0.027
Return of capital	—		—		0.162
Capital gain	0.059		0.028		0.162
	$	2.970	$	2.800	$	2.700
5.417% Series 1 Cumulative Convertible Preferred shares
Ordinary dividend	$	1.327	$	1.340	$	1.246
Ordinary dividend eligible for 15% rate	—		—		0.013
Capital gain	0.027		0.014		0.095
	$	1.354	$	1.354	$	1.354

On October 31, 2013, the Trustees declared a quarterly cash dividend of $0.78 per common share, payable January 15, 2014 to common shareholders of record on January 2, 2014.