dividend
confidence high
sentiment positive
materiality 0.75
Procaccianti Hotel REIT board authorizes ~$2.4M per A share distribution on Aug 1, 2025
PROCACCIANTI HOTEL REIT, INC.
- Cumulative distribution of $683,680 per A share for Sept 29, 2016 – Mar 30, 2020 at 6% annual accrual rate.
- Cumulative distribution of $1,704,392 per A share for Apr 1, 2020 – Jun 30, 2024 at 7% annual accrual rate.
- Total A Share Accrual of $2,388,072 per share authorized for payment on or about August 1, 2025.
- Board authorized distribution out of legally available funds for shares outstanding as of June 30, 2024.
item 8.01