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MDRRP Medalist Diversified REIT, Inc. - Series A Cumulative Redeemable Preferred

Dividends on the Series A Preferred Stock will be payable quarterly in arrears on or about the 25th day of January, April, July and October of each year. The dividend rate is 8.0% per annum of the $25.00 liquidation preference, which is equivalent to $2.00 per share of Series A Preferred Stock. The first dividend on the Series A Preferred Stock sold in this offering will be paid on April 24, 2020, will cover the period from, but excluding, February 19, 2020 to, but excluding, April 24, 2020 and will be in the amount of $0.35556 per share. Generally, we may not redeem the Series A Preferred Stock until February 19, 2022. On and after February 19, 2022, we may, at our option, redeem the Series A Preferred Stock, in whole or in part from time to time, by paying $25.00 per share, plus any accrued and unpaid dividends (whether or not declared) to, but not including, the date of redemption. The shares of Series A Preferred Stock have a maturity and mandatory redemption date of February 19, 2025.   This security was issued by Medalist Diversified REIT, Inc, whose common stock symbol is MDRR.

$20.00  0.00 (0.00%)
As of 03/23/2023 16:00:00 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  REITóDiversified
Index country:  USA
Country of incorporation:  
IPO date:  02/13/2020
Outstanding shares:  200,000
Average volume:  436
Market cap:   $4,000,000
Current dividend yield:  10.00%    calculation
Coupon rate:    8.000%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   02/19/2022
Maturity date:    02/19/2025
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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