secwatch.observer — SEC 8-K summary
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Issuer:     CEMTREX INC (CETX)
CIK:        0001435064
Form:       8-K
Filed at:   2024-03-18T23:59:59+00:00
Accession:  0001493152-24-010319
Event type: dividend
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Cemtrex to pay 10% annual PIK dividend on Series 1 Preferred Stock
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- Board resolved to pay dividend on Series 1 Preferred Stock in additional shares rather than cash.
- Dividend rate: 10% per annum on $10.00 Preference Amount per share, payable semiannually.
- Shares to be issued on April 5, 2024 to holders of record as of March 29, 2024.
- Dividend will be paid in additional shares of Series 1 Preferred Stock (ticker CETXP).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1435064/000149315224010319/0001493152-24-010319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1435064/000149315224010319/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-010319

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