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 July 1, 2022. The filing announces the declaration of quarterly cash distributions for the second quarter of 2022.
Key Financial Metrics
The filing details specific distribution amounts but does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics for the period.
- Common Share Distribution: $0.25 per share for the second quarter of 2022.
- Preferred Share Distributions: Declared for 7.250% Series A, 7.875% Series B, and 7.875% Series C Preferred Shares.
- Preferred Distribution Period: April 30, 2022, to July 30, 2022.
Material Changes
The filing does not disclose material changes in financial performance compared to prior periods. It solely reports the routine declaration of quarterly distributions.
Guidance, Outlook, and Payment Schedule
Management commentary is limited to the distribution announcement. No forward-looking guidance or risk factors are detailed in this specific filing.
- Common Share Record Date: July 21, 2022.
- Common Share Payment Date: July 28, 2022.
- Preferred Share Record Date: July 15, 2022.
- Preferred Share Payment Date: July 30, 2022 (payable August 1, 2022, as the next business day).
Investor Verification Checklist
- Verify the record date for common shares (July 21, 2022) to ensure eligibility for the $0.25 distribution.
- Confirm the record date for preferred shares (July 15, 2022) for Series A, B, and C holdings.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the distribution policy.
- Note that this filing does not contain Q2 2022 earnings results; investors should refer to the 10-Q filing for operational metrics.