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Dividends
12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Dividends
Dividends

We have paid regular quarterly cash dividends since the second quarter of 2003. During 2013, we paid regular quarterly cash dividends totaling $46,707,000 as detailed below:

 
Quarter Ended
 
March 31, 2013
 
June 30, 2013
 
September 30, 2013
 
December 31, 2013
Cash dividend per common share
$
0.16625

 
$
0.16750

 
$
0.16875

 
$
0.17000

Total cash dividends paid
$
11,415,000

 
$
11,516,000

 
$
11,829,000

 
$
11,947,000

Record date
February 22

 
May 10

 
August 16

 
November 15

Payment date
March 15

 
June 14

 
September 20

 
December 20



Additionally, on January 28, 2014, our Board of Directors declared a regular quarterly cash dividend of $0.17125 per common share, which will be paid on March 28, 2014 to shareholders of record as of the close of business on February 21, 2014.

Cash dividends on our outstanding weighted average number of basic common shares for the years ended December 31, 2013, 2012 and 2011 was as follows:

 
December 31,
 
2013
 
2012
 
2011
Cash dividends per common share
$
0.67

 
$
0.65

 
$
0.63



Our Board of Directors reviews our dividend policy on a quarterly basis. Although there can be no assurance that we will continue to pay dividends or the amount of the dividend, we expect to continue to pay a regular quarterly cash dividend. In connection with the establishment of our dividend policy, we adopted a Dividend Reinvestment Plan in 2003.