SUBSEQUENT EVENTS |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTS Dividend Declaration On April 30, 2026, we announced that our Board of Directors declared a quarterly dividend of $0.88 per share of common stock. The dividend is payable to our stockholders of record as of June 15, 2026 and is expected to be paid on July 15, 2026. Guardian Term Loan On April 30, 2026, Guardian entered into an unsecured term loan credit agreement pursuant to which it borrowed $150 million. The term loan matures on April 30, 2033 and bears interest at a variable rate equal to SOFR plus 1.95%. Total debt issuance costs related to the term loan are expected to be approximately $1 million. The credit agreement contains customary covenants, including a maximum leverage ratio of 4.5 to 1.
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