Radiant Logistics, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Radiant Logistics, Inc. on January 16, 2015. The filing reports a corporate action regarding the declaration of a cash dividend on the Company's 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial figure disclosed is the dividend declaration:
- Dividend Amount: $0.609375 per share.
- Security: 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock.
- Dividend Period: October 31, 2014, to January 30, 2015.
Material Changes
There are no material changes to the Company's financial condition or operations reported in this filing other than the scheduled dividend payment. The filing notes a procedural adjustment to the payment date: while the dividend is payable on January 31, 2015, the actual payment will occur on February 2, 2015, because January 31 is not a Business Day. No additional dividends will accumulate due to this delay.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the standard terms of the Preferred Stock Prospectus regarding payment dates.
Key Facts for Investor Verification
- Verify the record date of January 30, 2015, to confirm eligibility for the dividend.
- Confirm the adjusted payment date of February 2, 2015, for the Series A Preferred Stock dividend.
- Review the attached Press Release (Exhibit 99.1) for any additional context not included in the 8-K text.