dividend
confidence high
sentiment neutral
materiality 0.12
CommScope declares 16,875-share PIK dividend on Series A Preferred
Vistance Networks, Inc.
- Board declared dividend on Series A Preferred of 16,875 shares in kind plus $760 cash in lieu of fractional shares.
- Dividend payable March 31, 2025 to holders of record on a date not specified; exempt under Section 4(a)(2).
- Original issuance of 1M Series A shares in 2019 to Carlyle; prior PIK dividends total 227,328 shares through 2024.