Power REIT Form 8-K Summary
Business Context and Reporting Period
This is a Current Report (Form 8-K) filed by Power REIT, a Maryland corporation, on February 2, 2018. The report discloses a specific corporate event regarding the declaration of a dividend on the company's preferred stock.
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 is the dividend declaration:
- Dividend Amount: $0.484375 per share
- Security: 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock
- Payment Date: March 15, 2018
- Record Date: February 15, 2018
Material Changes
The filing reports the declaration of a quarterly dividend. No other material changes to the company's financial condition or operations are disclosed in this specific report.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, contingencies, or discussion of unusual items beyond the dividend declaration.
Investor Verification Checklist
- Verify the record date of February 15, 2018, to confirm eligibility for the dividend.
- Confirm the payment date of March 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 contain such figures.