secwatch.observer — SEC 8-K summary
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Issuer:     OUTFRONT Media Inc. (OUT)
CIK:        0001579877
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001579877-24-000094
Event type: dividend
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OUTFRONT Media declares $0.75/share special dividend payable in cash and stock
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- Special dividend of $0.75/share payable Dec 31, 2024 to holders of record Nov 15, 2024.
- Cash portion capped at $49.8M (~$0.30/share); stock portion ~$74.7M (~$0.45/share).
- Stockholders elect all cash or all stock by Dec 13, 2024; pro-ration if cash oversubscribed.
- Dividend represents projected balance of 2024 distributable REIT income after prior cash dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579877/000157987724000094/0001579877-24-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579877/000157987724000094/out-20241118.htm
  HTML page:      https://secwatch.observer/filing/0001579877-24-000094

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer