Power REIT Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Power REIT on October 9, 2018. The report addresses a corporate action regarding the declaration of a dividend on the company's preferred stock.
Key Financial Metrics
The filing does not provide comprehensive financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial figure disclosed is the dividend declaration.
- Dividend Declared: $0.484375 per share
- Security: 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock
- Payment Date: December 15, 2018
- Record Date: November 15, 2018
Material Changes
The filing does not report material changes to the company's financial position or operations compared to prior periods. It solely announces the scheduled quarterly dividend payment.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies and unusual items.
Investor Verification Checklist
- Verify the record date of November 15, 2018, to confirm eligibility for the dividend.
- Confirm the payment date of December 15, 2018, 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 include it.