Common Stock and Dividends

9 Months Ended

Sep. 30, 2015

Stockholders' Equity Note [Abstract]

Common Stock and Dividends

Common Stock and Dividends

Dividends declared and paid on a per share basis were as follows:

	Three Months Ended   September 30,				Nine Months Ended   September 30,
	2015		2014		2015		2014
Dividends declared	$	0.08	$	0.07	$	0.24	$	0.21
Dividends paid	$	0.08	$	0.07	$	0.24	$	0.21

On October 1, 2015, the Company announced that its Board of Directors had declared a quarterly cash dividend of $0.08 per share, which was paid on October 29, 2015, to shareholders of record at the close of business on October 15, 2015.