secwatch.observer — SEC 8-K summary
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Issuer:     Medalist Diversified, Inc. (MDRR)
CIK:        0001654595
Form:       8-K
Filed at:   2023-10-19T23:59:59+00:00
Accession:  0001104659-23-110122
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Medalist Diversified REIT declares Series A preferred dividends, expands stock buyback, appoints permanent CEO
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- Q2 and Q3 2023 Series A Preferred dividend declared at $0.50/share per quarter; payable Nov 1, 2023 to holders of record Oct 30, 2023.
- Board authorized 200,000-share increase to common stock repurchase program at max price $6.00/share; total 228,991 shares available.
- Francis P. Kavanaugh appointed permanent CEO, President, and Secretary; previously served as interim since July 2023.
- Company expects to resume regular dividend payments on Series A Preferred Stock after prior suspension.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654595/000110465923110122/0001104659-23-110122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654595/000110465923110122/tm2328802d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-110122

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