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 April 15, 2016. 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: January 31, 2016 to April 29, 2016
- Payment Date: May 2, 2016
- Record Date: April 29, 2016
Material Changes
The filing does not disclose material changes to the Company's financial position or operations compared to prior periods. It solely announces the scheduled dividend payment for the specified quarter.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the standard disclosure of the dividend event. No unusual items were reported.
Key Facts for Investor Verification
- Verify the record date of April 29, 2016, to confirm eligibility for the dividend payment.
- Confirm the payment date of May 2, 2016, for the $0.609375 per share distribution.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the dividend declaration.