$124.1 million returned to shareholders
Our approach to allocating capital strives to achieve the best risk adjusted shareholder returns by balancing acquisitive growth with our commitments of sustaining capital, maintaining a strong balance sheet, and our commitment to returning capital to shareholders. In 2021, we returned $124.1 million to shareholders through dividends and share repurchases and also deployed more than $700 million of capital to acquisitions. In 2022, we announced a 9.1% increase in our dividend, reflecting our confidence in our long-term profitability.