Note 6 - Capital Stock

3 Months Ended

Mar. 31, 2021

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

6.         Capital Stock

On April 20, 2017, our Board of Directors authorized the purchase of up to $500 million of our common stock. On January 22, 2020, our Board of Directors authorized an additional purchase of up to $500 million of our common stock. At March 31, 2021, $498 million of the most recent authorization was remaining. We purchased approximately 34,000 shares, or $5.2 million, of our common stock under our repurchase authorization during the three months ended March 31, 2021. On January 21, 2021, we announced an increase in our quarterly cash dividend from $0.27 to $0.28 per common share, which was paid February 19, 2021, to stockholders of record on February 5, 2021. On April 22, 2021, we announced another increase in our quarterly cash dividend from $0.28 to $0.30 per common share, which will be paid on May 21, 2021, to stockholders of record on May 7, 2021.