Power REIT Form 8-K Summary
Business Context and Reporting Period
This is a Current Report (Form 8-K) filed by Power REIT on November 3, 2021. The company is incorporated in Maryland and trades on the NYSE (American) under the symbols PW (Common Shares) and PW.A (Preferred Stock).
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed is a dividend declaration.
- Dividend Declared: $0.484375 per share on 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock.
- Record Date: November 15, 2021.
- Payment Date: December 15, 2021.
Material Changes
The filing reports a routine corporate action (dividend declaration) and does not disclose material changes to financial performance, asset base, or debt structure compared to prior periods.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is limited strictly to the notification of the dividend payment.
Investor Verification Checklist
- Verify the ex-dividend date for the 7.75% Series A Preferred Stock to ensure eligibility for the $0.484375 payment.
- Confirm the payment date of December 15, 2021, for cash flow planning.
- Review the company's most recent 10-Q or 10-K for comprehensive financial performance data, as this 8-K does not contain it.