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GMRE-A Global Medical REIT Series A Cumulative Preferred Stock

Dividends will be payable in cash from the original issuance date on a cumulative basis, quarterly in arrears on January 31, April 30, July 31 and October 31 of each year, commencing on October 31, 2017 to holders of record as of October 15, 2017. The dividend rate of 7.50% per annum will be applied to the liquidation preference of $25.00 per share (equivalent to $1.875 per share). We may, at our option, redeem the Series A Preferred Stock for cash in whole or in part, from time to time, at any time on or after September 15, 2022, at a cash redemption price of $25.00 per share, plus any accrued and unpaid dividends up to, but not including, the date of redemption.  This security was issued by Global Medical REIT Inc, whose common stock symbol is GMRE.

$25.13  +0.13 (0.51%)
As of 03/24/2023 16:00:00 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  REIT—Healthcare Facilities
Index country:  USA
Country of incorporation:  USA
IPO date:  09/14/2017
Outstanding shares:  2,700,000
Average volume:  10,217
Market cap:   $68,823,000
Current dividend yield:  7.36%    calculation
Coupon rate:    7.500%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   09/15/2022
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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