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 January 3, 2022. The filing announces the declaration of quarterly cash distributions for the fourth quarter of 2021.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed relates to dividend distributions:
- Common Shares: Cash distribution of $0.25 per share for Q4 2021.
- Series A Preferred Shares (7.250%): Distribution declared for the period October 30, 2021, to January 30, 2022.
- Series B Preferred Shares (7.875%): Distribution declared for the period October 30, 2021, to January 30, 2022.
- Series C Preferred Shares (7.875%): Distribution declared for the period October 30, 2021, to January 30, 2022.
Material Changes
The filing does not report material changes in financial performance, operations, or capital structure compared to prior periods. It solely serves to notify shareholders of the upcoming distribution payments.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. The document is a procedural announcement regarding the timing and amounts of shareholder distributions.
Investor Verification Checklist
- Common Share Record Date: Verify ownership by the close of business on January 13, 2022, to receive the $0.25 payment.
- Common Share Payment Date: Confirm payment receipt on January 20, 2022.
- Preferred Share Record Date: Verify ownership by January 15, 2022, to receive distributions on Series A, B, and C shares.
- Preferred Share Payment Date: Confirm payment receipt on January 31, 2022 (the next business day following the scheduled January 30 date).