South Dakota Soybean Processors (SDSYA) approves $0.28 unit cash payout
Rhea-AI Filing Summary
South Dakota Soybean Processors, LLC approved and declared a cash distribution of $0.28 per outstanding capital unit, for a total distribution of approximately $8.5 million. This payment is expected to be made to members on February 12, 2026, providing immediate cash returns to unit holders.
Positive
- None.
Negative
- None.
8-K Event Classification
FAQ
What cash distribution did South Dakota Soybean Processors (SDSYA) declare?
The company declared a cash distribution of $0.28 per outstanding capital unit, totaling approximately $8.5 million. This represents a direct cash return to members based on their capital units as of the declaration.
When will South Dakota Soybean Processors (SDSYA) pay the new distribution?
The approved cash distribution is expected to be paid on February 12, 2026. Members of South Dakota Soybean Processors, LLC will receive the distribution in cash shortly after the Board of Managers’ approval on February 10, 2026.
How large is the total cash distribution from South Dakota Soybean Processors (SDSYA)?
The Board approved a total cash distribution of approximately $8.5 million. This amount is based on a per-unit distribution of $0.28 for each outstanding capital unit, providing a sizable aggregate payout to members.
Who authorized the February 2026 cash distribution at South Dakota Soybean Processors (SDSYA)?
The distribution was approved and declared by the Board of Managers of South Dakota Soybean Processors, LLC on February 10, 2026. Their decision set both the per-unit amount and the expected payment timing.
What does the $0.28 per unit distribution mean for SDSYA members?
Each outstanding capital unit will receive $0.28 in cash, so members’ payments depend on how many units they hold. This provides a direct monetary return without requiring any action from the members.
Filing Exhibits & Attachments
3 documents
