Business Context and Reporting Period
This Form 8-K Current Report, dated January 3, 2025, is filed by Compass Diversified Holdings (NYSE: CODI) and Compass Group Diversified Holdings LLC. The filing announces the declaration of quarterly cash distributions for the fourth quarter of 2024.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The primary financial data disclosed relates to shareholder distributions:
- Common Shares: Cash distribution of $0.25 per share.
- Series A Preferred Shares (7.250%): Distribution declared for the period October 30, 2024, to January 30, 2025.
- Series B Preferred Shares (7.875%): Distribution declared for the period October 30, 2024, to January 30, 2025.
- Series C Preferred Shares (7.875%): Distribution declared for the period October 30, 2024, to January 30, 2025.
Material Changes
The filing does not disclose material changes in financial performance, operations, or capital structure compared to prior periods. It solely reports the routine declaration of quarterly distributions.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or discussion of specific risks and contingencies beyond the standard disclosure of the distribution schedule.
Investor Verification Checklist
- Common Share Record Date: Verify ownership by the close of business on January 16, 2025, to receive the $0.25 distribution.
- Common Share Payment Date: Confirm payment is scheduled for January 23, 2025.
- Preferred Share Record Date: Verify ownership by January 15, 2025, to receive distributions on Series A, B, and C Preferred Shares.
- Preferred Share Payment Date: Confirm payment is scheduled for January 30, 2025.
- Exhibit Review: Review Exhibit 99.1 (Press Release dated January 6, 2025) for any additional details on the distribution calculation or tax implications.