dividend
confidence high
sentiment neutral
materiality 0.50
Garrett Motion declares $0.17/share cash dividend on Series A Preferred Stock
Garrett Motion Inc.
- Cash dividend of $0.17 per share on Series A Cumulative Convertible Preferred Stock declared on Dec 6, 2022.
- Payable on Jan 3, 2023 to holders of record as of close of business Dec 20, 2022.
- Fourth quarter cash dividend replaces PIK accretion under the 11% PIK Preferred Stock terms.