Common Stock and Dividends

3 Months Ended

Mar. 31, 2017

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,
	2017		2016
Dividends declared	$	0.10	$	0.09
Dividends paid	$	0.10	$	0.09

On April 3, 2017, the Company announced that its Board of Directors had declared a quarterly cash dividend of $0.10 per share, which was paid on April 28, 2017, to shareholders of record at the close of business on April 17, 2017.