debt
confidence high
sentiment neutral
materiality 0.40
Medalist Diversified REIT to redeem 140k Series A Preferred shares at $25.194 ea on Nov 25
Medalist Diversified, Inc.
- Notice of redemption for 140,000 shares of 8.0% Series A Cumulative Redeemable Preferred Stock (MDRRP).
- Redemption price: $25.00 per share plus ~$0.194 accrued dividend, total $25.194 per share.
- Redemption date: November 25, 2024; after that date dividends cease and shares are cancelled.
- Quarterly dividend of $0.50 per share paid on October 21, 2024 to holders of record as of Oct 16.