Business Context and Reporting Period
This Form 8-K was filed by Compass Diversified Holdings (NYSE: CODI) and Compass Group Diversified Holdings LLC on April 1, 2022. The filing reports the declaration of quarterly cash distributions for the first quarter of 2022.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on distribution declarations.
- Common Share Distribution: $0.25 per share for Q1 2022.
- Preferred Share Distributions: Declared for 7.250% Series A, 7.875% Series B, and 7.875% Series C Preferred Shares.
- Preferred Distribution Period: January 30, 2022, to April 30, 2022.
Material Changes
The filing does not contain comparative financial data or analysis of material changes versus prior periods. It serves as a notification of the current quarter's distribution schedule.
Guidance, Outlook, and Payment Schedule
Management commentary is limited to the announcement of the distribution schedule. No forward-looking guidance or risk factors are detailed in this specific filing.
| Security Class | Record Date | Payment Date |
|---|---|---|
| Common Shares | April 21, 2022 | April 28, 2022 |
| Series A, B, and C Preferred Shares | April 15, 2022 | May 2, 2022 (Next Business Day) |
Investor Verification Checklist
- Verify the record date for Common Shares (April 21, 2022) to ensure eligibility for the $0.25 distribution.
- Confirm the record date for Preferred Shares (April 15, 2022) for Series A, B, and C.
- Note that the Preferred Share payment date is May 2, 2022, due to the April 30 date falling on a non-business day.
- Review the attached press release (Exhibit 99.1) for any additional context not included in the 8-K summary.