Babcock & Wilcox Enterprises, Inc. - 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Babcock & Wilcox Enterprises, Inc. on March 6, 2023, reporting an event that occurred on March 3, 2023. The Company is a Delaware corporation with principal executive offices in Akron, Ohio.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The report focuses exclusively on a corporate action regarding preferred stock dividends.
Material Changes
On March 3, 2023, the Board of Directors declared a cash dividend of $0.4843750 per share on the Company's outstanding 7.75% Series A Cumulative Perpetual Preferred Stock (trading symbol: BW PRA).
- Record Date: March 15, 2023
- Payment Date: March 31, 2023
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies beyond the declaration of the dividend.
Investor Verification Checklist
- Verify the dividend amount of $0.4843750 per share for the 7.75% Series A Cumulative Perpetual Preferred Stock.
- Confirm the record date of March 15, 2023, to determine eligibility for the payment.
- Confirm the payment date of March 31, 2023.
- Note that this filing does not contain updated financial performance metrics for the period.