---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013152"
form_type: "8-K"
ticker: "MDRR"
cik: "0001654595"
company_name: "Medalist Diversified, Inc."
filed_at: "2024-10-04T23:59:59+00:00"
generated_at: "2026-05-30T20:20:18.849970+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Medalist Diversified REIT increases credit line to $4M and declares quarterly dividends

## Summary
- Line of credit increased from $1.5M to $4.0M with interest rate of SOFR + 3.1%.
- Quarterly common stock dividend of $0.06 per share payable Oct 21, record Oct 16.
- Quarterly Series A preferred dividend of $0.50 per share payable Oct 21, record Oct 16.
- Credit facility amendment adds Citibank Property in Chicago as cross-collateral.

## SEC filing metadata
- accession: 0001558370-24-013152
- form_type: 8-K
- ticker: MDRR
- cik: 0001654595
- company_name: Medalist Diversified, Inc.
- filed_at: 2024-10-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654595/000155837024013152/0001558370-24-013152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654595/000155837024013152/mdrr-20241002x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013152
- JSON: https://secwatch.observer/filing/0001558370-24-013152.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013152.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.