Cemtrex to pay 10% preferred dividend in stock
CEMTREX INC (CETX) reported that its board of directors approved payment of the upcoming dividend on its Series 1 Preferred Stock in additional shares of Series 1 Preferred Stock, rather than in cash.
Rhea-AI Filing Summary
CEMTREX INC (CETX) reported that its board of directors approved payment of the upcoming dividend on its Series 1 Preferred Stock in additional shares of Series 1 Preferred Stock, rather than in cash.
The dividend, which carries a 10% annual rate based on a $10.00 per share Preference Amount and is payable semiannually, will be issued in stock on October 7, 2026 to holders of record at the close of business on September 30, 2026. The issuance is reported as an unregistered sale of equity securities.
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8-K Event Classification
Key Figures
Key Terms
Unregistered Sales of Equity Securities regulatory
Series 1 Preferred Stock financial
Preference Amount financial
emerging growth company regulatory
Nasdaq Capital Market market
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