dividend
confidence high
sentiment neutral
materiality 0.30
Cemtrex to pay Series 1 Preferred dividend in additional shares
CEMTREX INC
- Board approved paying Series 1 Preferred dividend in additional Series 1 Preferred shares.
- Dividend rate 10% annually on $10.00 preference amount, payable semiannually.
- Shares to be issued Oct 7, 2026 to holders of record Sept 30, 2026.
- Dividend is satisfied in kind; no cash payment to preferred holders.