DIVIDENDS

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



	Year Ended December 31,
	2015				2014				2013
	Declared		Paid		Declared		Paid		Declared		Paid
Common shares	$	3.620	$	3.550	$	3.300	$	3.210	$	3.020	$	2.970
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,
	2015		2014		2013
Common shares
Ordinary dividend	$	3.515	$	3.178	$	2.911
Capital gain	0.035		0.032		0.059
	$	3.550	$	3.210	$	2.970
5.417% Series 1 Cumulative Convertible Preferred shares
Ordinary dividend	$	1.340	$	1.340	$	1.327
Capital gain	0.014		0.014		0.027
	$	1.354	$	1.354	$	1.354

On November 4, 2015, the Trustees declared a quarterly cash dividend of $0.94 per common share, payable January 15, 2016 to common shareholders of record on January 4, 2016.