Presidio Property Trust Announces Series D Preferred Stock Cash Dividend
07 1월 2025 - 6:15AM
(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
January 2025, February 2025 and March 2025.
In accordance with the terms of the Series D
Preferred Stock, the January 2025 Series D dividend will be payable
in cash in the amount of $0.19531 per share on February 17, 2025,
to shareholders of record of Series D Preferred Stock as of the
dividend record date of January 31, 2025. The February 2025 Series
D dividend will be payable in cash in the amount of $0.19531 per
share on March 17, 2025, to shareholders of record of Series D
Preferred Stock as of the dividend record date of February 28,
2025. The March 2025 Series D dividend will be payable in cash in
the amount of $0.19531 per share on April 15, 2025, to shareholders
of record of Series D Preferred Stock as of the dividend record
date of March 31, 2025.
About Presidio Property
Trust
Presidio is an internally managed real estate
investment trust with holdings in model home properties, which are
triple net leased to homebuilders, and office, industrial, and
retail properties. Presidio’s model homes are leased to
homebuilders located in Arizona, Illinois, Texas, Wisconsin, and
Florida. Presidio’s office, industrial, and retail properties are
located primarily in Colorado, with properties also located in
Maryland, North Dakota, Texas, and Southern California. Presidio
also owns approximately 4.3% of the outstanding common stock of
Conduit Pharmaceuticals Inc., a disease agnostic multi-asset
clinical-stage life science company providing an efficient model
for compound development. For more information on Presidio, please
visit Presidio’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
RelationsLHartkorn@presidiopt.comTelephone: (760) 471-8536
x1244
This press release was published by a CLEAR® Verified
individual.
Presidio Property (NASDAQ:SQFT)
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Presidio Property (NASDAQ:SQFT)
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