Compass Diversified Declares First Quarter 2025 Distributions on Common and Series A, B and C Preferred Shares

Rhea-AI Summary

Compass Diversified (NYSE: CODI) has announced its Q1 2025 dividend distributions for both common and preferred shares. The company declared a quarterly cash distribution of $0.25 per common share, payable on April 24, 2025, to shareholders of record as of April 17, 2025.

Additionally, CODI declared distributions for its preferred shares:

• Series A Preferred Shares: $0.453125 per share (7.250%)
• Series B Preferred Shares: $0.4921875 per share (7.875%)
• Series C Preferred Shares: $0.4921875 per share (7.875%)

All preferred share distributions cover the period from January 30, 2025, to April 30, 2025, and are payable on April 30, 2025.

Positive

• Consistent quarterly dividend payments maintained for both common and preferred shares
• Multiple share classes offering different yield options for investors

Negative

• None.

WESTPORT, Conn., April 03, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle-market branded consumer and industrial businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended March 31, 2025, is payable on April 24, 2025, to all holders of record of Common Shares as of April 17, 2025.

The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”). The distribution on the Series A Preferred Shares covers the period from, and including, January 30, 2025, up to, but excluding, April 30, 2025. The distribution for such period is payable on April 30, 2025, to all holders of record of Series A Preferred Shares as of April 15, 2025.

The Board also declared a quarterly cash distribution of $0.4921875 per share on the Company’s 7.875% Series B Preferred Shares (the “Series B Preferred Shares”). The distribution on the Series B Preferred Shares covers the period from, and including, January 30, 2025, up to, but excluding, April 30, 2025. The distribution for such period is payable on April 30, 2025, to all holders of record of Series B Preferred Shares as of April 15, 2025.

The Board also declared a quarterly cash distribution of $0.4921875 per share on the Company’s 7.875% Series C Preferred Shares (the “Series C Preferred Shares”). The distribution on the Series C Preferred Shares covers the period from, and including, January 30, 2025, up to, but excluding, April 30, 2025. The distribution for such period is payable on April 30, 2025, to all holders of record of Series C Preferred Shares as of April 15, 2025.

CODI’s common and preferred cash distributions should generally constitute “qualified dividends” for U.S. federal income tax purposes to the extent they are paid from “earnings and profits” (as determined under U.S. federal income tax principles), provided that the requisite holding period is met. To the extent that the amount of cash distributions exceeds earnings and profits, such distribution will first be treated as a non-taxable return of capital to the extent of the holder’s adjusted tax basis in the shares and thereafter be treated as a capital gain from the sale or exchange of such shares.

About Compass Diversified
Since its IPO in 2006, CODI has consistently executed its strategy of owning and managing a diverse set of highly defensible, middle-market businesses across the branded consumer, industrial, and healthcare and critical outsourced services sectors. The Company leverages its permanent capital base, long-term disciplined approach, and actionable expertise to maintain controlling ownership interests in each of its subsidiaries, maximizing its ability to impact long-term cash flow generation and value creation. The Company provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in the long-term growth of the Company and has consistently generated strong returns through its culture of transparency, alignment, and accountability. For more information, please visit compassdiversified.com.

Forward-Looking Statements
This press release may contain certain forward-looking statements, including statements with regard to the future performance of CODI and its subsidiaries. Words such as "believes," "expects," and "future" or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the risk factor discussion in the Form 10-K filed by CODI with the SEC for the year ended December 31, 2024 and in other filings with the SEC. Except as required by law, CODI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations
Compass Diversified
irinquiry@compassdiversified.com

Gateway Group
Cody Slach
949.574.3860
CODI@gateway-grp.com

Media Relations
Compass Diversified
mediainquiry@compassdiversified.com

The IGB Group
Leon Berman
212.477.8438
lberman@igbir.com

Source: Compass Diversified Holdings

FAQ

What is the Q1 2025 dividend amount for CODI common shares?

CODI declared a quarterly cash distribution of $0.25 per common share for Q1 2025.

When is the payment date for CODI's Q1 2025 common share dividend?

The Q1 2025 common share distribution is payable on April 24, 2025, to shareholders of record as of April 17, 2025.

What are the dividend rates for CODI's preferred shares in Q1 2025?

Series A pays 7.250% ($0.453125/share), while Series B and C both pay 7.875% ($0.4921875/share).

What is the tax treatment of CODI's dividend distributions?

CODI's distributions generally constitute qualified dividends for U.S. federal income tax purposes if paid from earnings and profits and holding period requirements are met.