dividend
confidence high
sentiment neutral
materiality 0.20
CommScope declares in-kind dividend of 15,761 Series A Preferred shares
Vistance Networks, Inc.
- Board declared PIK dividend of 15,761 Series A Preferred shares plus $955 cash for fractional shares.
- Dividend payable December 31, 2023; exempt from registration under Securities Act Section 4(a)(2).
- Earlier 2023 quarterly PIK dividends: 15,129 (Mar), 15,337 (Jun), 15,548 (Sep) shares.
- Dividend in kind is consistent with prior practice; no change in financial obligations.