Business Context and Reporting Period
This Form 8-K Current Report was filed by Compass Diversified Holdings (NYSE: CODI) and Compass Group Diversified Holdings LLC on October 5, 2021. The filing primarily announces the declaration of quarterly cash distributions for the third quarter of 2021.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed relates to dividend distributions:
- Common Share Distribution: $0.36 per share for the third quarter of 2021.
- Preferred Share Distributions: Declared for 7.250% Series A, 7.875% Series B, and 7.875% Series C Preferred Shares.
- Preferred Distribution Period: July 30, 2021, to October 30, 2021.
Material Changes
The filing does not report material changes in financial performance, operations, or capital structure compared to prior periods. It serves solely as a notification of the scheduled distribution payments.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It strictly details the mechanics of the upcoming payments.
Investor Verification Checklist
- Record Dates: Verify ownership status by the close of business on October 15, 2021, for both common and preferred shares.
- Payment Dates: Confirm receipt of common share payments on October 22, 2021, and preferred share payments on November 1, 2021 (the next business day after the October 30, 2021 due date).
- Distribution Amounts: Confirm the $0.36 per common share amount and the specific per-share amounts for the Series A, B, and C preferred shares based on their respective rates.