Common Stock and Dividends

3 Months Ended

Mar. 31, 2016

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   March 31,
	2016		2015
Dividends declared	$	0.09	$	0.08
Dividends paid	$	0.09	$	0.08

On April 4, 2016, the Company announced that its Board of Directors had declared a quarterly cash dividend of $0.09 per share, which was paid on April 29, 2016, to shareholders of record at the close of business on April 15, 2016.