dividend
confidence high
sentiment neutral
materiality 0.30
Cemtrex declares stock dividend on Series 1 Preferred Stock, payable in additional shares
CEMTREX INC
- Semi-annual dividend on Series 1 Preferred Stock to be paid in additional shares of Series 1 Preferred Stock.
- Annual dividend rate of 10% on $10.00 per share preference amount, unchanged.
- Record date: September 29, 2023; payment date: October 6, 2023.
- Dividend paid in kind (PIK) via additional preferred shares, not cash.