other material
confidence high
sentiment neutral
materiality 0.25
Principal Credit REIT declares $0.1350 monthly distribution; sells 74 preferred shares
Principal Credit Real Estate Income Trust
- Declared $0.1350 per share distribution for Class A, E, F-I, I common shares for January 2026.
- Distribution payable on or about Feb 20, 2026 to holders of record Jan 30, 2026.
- Sold 74 shares of 12% Series A Preferred at $1,000/share, gross $74K; commissions $12K.
- Adopted amended declaration of trust to establish preferred share terms (12% cumulative dividend, $1,000 redemption plus premium within 1 year).
- Preferred share sale intended to maintain minimum 100 shareholders for REIT qualification.