dividend
confidence medium
sentiment neutral
materiality 0.35
Cemtrex to pay Series 1 Preferred Stock dividend in additional shares, not cash
CEMTREX INC
- Board resolved to pay semiannual 10% dividend on Series 1 Preferred Stock in additional shares.
- Payment date April 7, 2026; record date March 31, 2026.
- Dividend rate 10% annually on $10.00 per share preference amount.
- Shares to be issued as PIK dividend without registration under Securities Act.