dividend
confidence high
sentiment neutral
materiality 0.75
BBCP declares special $1.00/share dividend, contingent on $425M notes offering
Concrete Pumping Holdings, Inc.
- One-time cash dividend of $1.00 per share; payable on/about Feb 3, 2025 to holders of record Jan 24, 2025.
- Aggregate payment expected ~$53 million.
- Dividend conditional on closing of previously announced $425.0M senior secured second lien notes due 2032.
- Tax treatment varies by stockholder; company advises consultation with tax advisor.