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Presidio Property Trust Announces Series D Preferred Stock Cash Dividend

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Presidio Property Trust (NASDAQ: SQFT; SQFTP; SQFTW), an internally managed, diversified REIT, has announced a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for October, November, and December 2024. The dividend details are as follows:

  • October 2024: $0.19531 per share, payable on November 15, 2024, to shareholders of record as of October 31, 2024
  • November 2024: $0.19531 per share, payable on December 16, 2024, to shareholders of record as of November 29, 2024
  • December 2024: $0.19531 per share, payable on January 15, 2025, to shareholders of record as of December 31, 2024

This announcement demonstrates Presidio's commitment to providing consistent returns to its Series D Preferred Stock shareholders.

Presidio Property Trust (NASDAQ: SQFT; SQFTP; SQFTW), un REIT diversificato gestito internamente, ha annunciato un dividendo sulla sua azione privilegiata cumulativa rimborsabile perpetua di serie D al ottobre, novembre e dicembre 2024. I dettagli del dividendo sono i seguenti:

  • Ottobre 2024: $0.19531 per azione, pagabile il 15 novembre 2024, ai soci registrati entro il 31 ottobre 2024
  • Novembre 2024: $0.19531 per azione, pagabile il 16 dicembre 2024, ai soci registrati entro il 29 novembre 2024
  • Dicembre 2024: $0.19531 per azione, pagabile il 15 gennaio 2025, ai soci registrati entro il 31 dicembre 2024

Questo annuncio dimostra l'impegno di Presidio nel fornire rendimenti costanti ai suoi azionisti delle azioni privilegiate di serie D.

Presidio Property Trust (NASDAQ: SQFT; SQFTP; SQFTW), un REIT diversificado gestionado internamente, ha anunciado un dividendo sobre su acción preferente acumulativa redimible perpetua serie D para octubre, noviembre y diciembre de 2024. Los detalles del dividendo son los siguientes:

  • Octubre de 2024: $0.19531 por acción, pagadero el 15 de noviembre de 2024, a los accionistas registrados hasta el 31 de octubre de 2024
  • Noviembre de 2024: $0.19531 por acción, pagadero el 16 de diciembre de 2024, a los accionistas registrados hasta el 29 de noviembre de 2024
  • Diciembre de 2024: $0.19531 por acción, pagadero el 15 de enero de 2025, a los accionistas registrados hasta el 31 de diciembre de 2024

Este anuncio demuestra el compromiso de Presidio de proporcionar rendimientos consistentes a sus accionistas de la acción preferente de serie D.

프레시디오 프로퍼티 트러스트 (NASDAQ: SQFT; SQFTP; SQFTW)는 내부 관리되는 다각화된 REIT로서 2024년 10월, 11월, 12월을 위한 9.375% D 시리즈 누적 상환 가능 영구 우선주 배당금을 발표했습니다. 배당금 세부사항은 다음과 같습니다:

  • 2024년 10월: 주당 $0.19531, 2024년 10월 31일 기준 주주에게 2024년 11월 15일에 지급
  • 2024년 11월: 주당 $0.19531, 2024년 11월 29일 기준 주주에게 2024년 12월 16일에 지급
  • 2024년 12월: 주당 $0.19531, 2024년 12월 31일 기준 주주에게 2025년 1월 15일에 지급

이번 발표는 D 시리즈 우선주 주주들에게 일관된 수익을 제공하겠다는 프레시디오의 의지를 보여줍니다.

Presidio Property Trust (NASDAQ: SQFT; SQFTP; SQFTW), un REIT diversifié géré en interne, a annoncé un dividende sur ses actions privilégiées cumulatives rachetables perpétuelles de série D pour octobre, novembre et décembre 2024. Les détails du dividende sont les suivants :

  • Octobre 2024 : 0,19531 $ par action, payable le 15 novembre 2024, aux actionnaires enregistrés au 31 octobre 2024
  • Novembre 2024 : 0,19531 $ par action, payable le 16 décembre 2024, aux actionnaires enregistrés au 29 novembre 2024
  • Décembre 2024 : 0,19531 $ par action, payable le 15 janvier 2025, aux actionnaires enregistrés au 31 décembre 2024

Cette annonce démontre l'engagement de Presidio à fournir des retours constants à ses actionnaires des actions privilégiées de série D.

Die Presidio Property Trust (NASDAQ: SQFT; SQFTP; SQFTW), ein diversifizierter, intern verwalteter REIT, hat eine Dividende auf ihre 9,375% Serie D kumulierten, rückzahlbaren, ewigen Vorzugsaktien für Oktober, November und Dezember 2024 angekündigt. Die Einzelheiten der Dividende sind wie folgt:

  • Oktober 2024: $0.19531 pro Aktie, zahlbar am 15. November 2024 an Aktionäre, die am 31. Oktober 2024 registriert sind
  • November 2024: $0.19531 pro Aktie, zahlbar am 16. Dezember 2024 an Aktionäre, die am 29. November 2024 registriert sind
  • Dezember 2024: $0.19531 pro Aktie, zahlbar am 15. Januar 2025 an Aktionäre, die am 31. Dezember 2024 registriert sind

Diese Ankündigung zeigt das Engagement von Presidio, den Aktionären der Serie D Vorzugsaktien konsistente Erträge zu bieten.

Positive
  • Consistent quarterly dividend of $0.19531 per share for Series D Preferred Stock
  • Timely declaration of dividends for the next three months, providing clarity for investors
Negative
  • None.

SAN DIEGO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) for the months of October 2024, November 2024 and December 2024.

In accordance with the terms of the Series D Preferred Stock, the October 2024 Series D dividend will be payable in cash in the amount of $0.19531 per share on November 15, 2024, to shareholders of record of Series D Preferred Stock as of the dividend record date of October 31, 2024. The November 2024 Series D dividend will be payable in cash in the amount of $0.19531 per share on December 16, 2024, to shareholders of record of Series D Preferred Stock as of the dividend record date of November 29, 2024. The December 2024 Series D dividend will be payable in cash in the amount of $0.19531 per share on January 15, 2025, to shareholders of record of Series D Preferred Stock as of the dividend record date of December 31, 2024.

About Presidio Property Trust

Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio’s model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. Our office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California. While geographical clustering of real estate enables us to reduce our operating costs through economies of scale by servicing several properties with less staff, it makes us susceptible to changing market conditions in these discrete geographic areas, including those that have developed as a result of COVID-19. Presidio owns approximately 5.4% of the outstanding common stock of Conduit Pharmaceuticals Inc., a disease agnostic multi-asset clinical-stage disease-agnostic life science company providing an efficient model for compound development. For more information on Presidio, please visit the Company’s website at https://www.PresidioPT.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains statements that are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and other federal securities laws. Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, representations, plans or predictions of the future, and are typically identified by such words as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “may,” “will,” “should” and “could.” Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon the Company’s present expectations, but these statements are not guaranteed to occur. Except as required by law, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes please refer to the Company’s filings with the SEC, including those under “Risk Factors” therein, copies of which are available on the SEC’s website, www.sec.gov.

Investor Relations Contact:

Presidio Property Trust, Inc.
Lowell Hartkorn, Investor Relations
LHartkorn@presidiopt.com
Telephone: (760) 471-8536 x1244


FAQ

What is the dividend amount for Presidio Property Trust's Series D Preferred Stock (SQFT) for October-December 2024?

The dividend amount for Presidio Property Trust's Series D Preferred Stock is $0.19531 per share for each month from October to December 2024.

When will Presidio Property Trust (SQFT) pay the Series D Preferred Stock dividend for October 2024?

Presidio Property Trust will pay the October 2024 Series D Preferred Stock dividend on November 15, 2024, to shareholders of record as of October 31, 2024.

What is the record date for Presidio Property Trust's (SQFT) December 2024 Series D Preferred Stock dividend?

The record date for Presidio Property Trust's December 2024 Series D Preferred Stock dividend is December 31, 2024.

How often does Presidio Property Trust (SQFT) pay dividends on its Series D Preferred Stock?

Based on the press release, Presidio Property Trust pays dividends on its Series D Preferred Stock monthly.

Presidio Property Trust, Inc.

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REIT - Diversified
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United States of America
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