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Stock impact report

BrightView Declares Cash Dividend Payment on Preferred Stock

BrightView Holdings, Inc. (BV) 
Last brightview holdings, inc. earnings: 2/6 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.bazaarvoice.com
Company Research Source: Business Wire
BLUE BELL, Pa.--(BUSINESS WIRE)--BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, announced today that the Company’s Board of Directors has declared a cash dividend of $8.91 million on its Series A Preferred Stock. The dividend represents payment for the period from March 31, 2024 to June 30, 2024, and will be paid on July 1, 2024 to holders of record as of June 15, 2024. Today’s dividend announcement marks the second consecutive quarterly cash payment made possible by the Company’s balance sheet flexibility and commitment to avoid the dilutive impact caused by payment in kind.On August 28, 2023, BrightView entered into an investment agreement with an affiliate of One Rock Capital Partners, LLC, pursuant to which the Company issued and sold, in a private placement, an aggregate of 500,000 shares of the Company’s Series A Convertible Preferred Stock, par value $0.01 per share, for an aggregate purchase price of $500 mil Show less Read more
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