$0.04 Q2 2026 payout set by Titan America (NYSE: TTAM)
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Titan America declared a second-quarter 2026 distribution of $0.04 per common share, to be paid from its available issue premium. The distribution will be payable on July 7, 2026 to shareholders of record as of June 18, 2026.
The Board of Directors will decide on any future distributions of issue premium or dividends based on available issue premium, earnings, financial condition, cash needs, future prospects, and other factors, and such quarterly payments generally remain subject to shareholder approval.
Positive
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Negative
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Key Figures
Q2 2026 distribution: $0.04 per common share
Payment date: July 7, 2026
Record date: June 18, 2026
3 metrics
Q2 2026 distribution
$0.04 per common share
Declared distribution out of available issue premium
Payment date
July 7, 2026
Payable date for Q2 2026 distribution
Record date
June 18, 2026
Shareholders of record eligible for payment
Key Terms
issue premium, distribution of issue premium, shareholders of record, Board of Directors
4 terms
Board of Directors financial
"its Board of Directors has declared a distribution of $0.04 per common share"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What distribution did Titan America (TTAM) declare for Q2 2026?
Titan America declared a Q2 2026 distribution of $0.04 per common share out of its available issue premium. This cash distribution reflects a return to shareholders separate from regular operations-based dividends, subject to the company’s capital position and approvals.
When will Titan America’s $0.04 Q2 2026 distribution be paid?
The $0.04 per share distribution is scheduled to be paid on July 7, 2026. Shareholders who are on Titan America’s register as of the June 18, 2026 record date will be eligible to receive this payment from the company’s available issue premium.
What is the record date for Titan America’s Q2 2026 distribution?
The record date for Titan America’s second-quarter 2026 distribution is June 18, 2026. Investors holding Titan America common shares on that date will qualify to receive the $0.04 per share distribution payable on July 7, 2026, assuming share ownership is properly recorded.
From what source is Titan America funding the Q2 2026 distribution?
Titan America will fund the Q2 2026 distribution from its available issue premium. This means the $0.04 per share payment comes from amounts paid by shareholders over the nominal share value, rather than being described as a dividend from current period earnings.
Are Titan America’s future distributions or dividends guaranteed?
Future distributions or dividends are not guaranteed. Titan America’s Board will determine them at its discretion, considering available issue premium, earnings, financial condition, cash requirements, future prospects, and other factors, and its ability to declare quarterly payments generally remains subject to shareholder approval with limited exception.