Medalist Diversified REIT, Inc. Announces Partial Redemption of Its 8% Series A Cumulative Redeemable Preferred Stock, Par Value $0.01 Per Share
Medalist Diversified REIT, Inc. (MDRR)
Company Research
Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate, gave notice of its intent to redeem 140,000 shares (the “Redeemed Shares”) of its 8.0% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the “Series A Preferred Stock”) on November 25, 2024 (the “Optional Redemption Date”). The Redeemed Shares will be redeemed at a cash redemption price of $25.00 per share, plus any accrued and unpaid dividends up to, but not including, the Optional Redemption Date in an amount equal to approximately $0.194 per share, for a total payment of $25.194 per share.About Medalist Diversified REITMedalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions. The
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News
- Chair of the Board of Medalist Diversified REIT Picks Up 10% More Stock [Yahoo! Finance]Yahoo! Finance
- Medalist Diversified REIT Third Quarter 2024 Earnings: US$0.47 loss per share (vs US$1.76 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Medalist Diversified REIT, Inc. Announces $4 Million Line of Credit and Cash Dividend of $0.06 Per Share on Its Common Stock and $0.50 Per Share on Its Series A Preferred Stock Cash DividendBusiness Wire
MDRR
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- 11/18/24 - Form 4
- MDRR's page on the SEC website