Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.25.1
Subsequent Events
3 Months Ended
Mar. 31, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Dividend Distribution Declaration
On April 23, 2025, the Board declared a cash distribution of $0.40 per share to be paid on May 20, 2025 to stockholders of record as of May 13, 2025. In addition to the cash distribution, and as part of the supplemental cash distribution of $0.28 per share to be paid in four quarterly distributions of $0.07 per share, the Board declared a supplemental cash distribution of $0.07 per share to be paid on May 20, 2025 to stockholders of record as of May 13, 2025. Including the $0.07 per share supplemental cash distributions paid to stockholders of record as of March 5, 2025, the Board has declared a total of $0.14 per share of the $0.28 per share of supplemental cash distribution declared on February 6, 2025.
Equity Offering
As of April 29, 2025, through its ATM program, the Company sold 2.2 million shares of common stock for $41.5 million of net proceeds.