other material
confidence high
sentiment neutral
materiality 0.30
Princeton Capital terminates Dividend Reinvestment Plan; dividends to be paid in cash only
PRINCETON CAPITAL CORP
- Board voted on October 17, 2022 to terminate the DRIP, effective November 21, 2022.
- After the effective date, all cash dividends will be paid in cash, not in shares of common stock.
- The DRIP termination follows a 30-day notice period to stockholders.
- No change in dividend amount or frequency was announced.