On March 18, 2026, Cemtrex Inc. announced that its Board of Directors has resolved to pay dividends on its Series 1 Preferred Stock in the form of additional shares of Series 1 Preferred Stock. This dividend will be issued on April 7, 2026, to shareholders on record as of March 31, 2026. The Series 1 Preferred Stock holders are entitled to receive dividends at an annual rate of 10%, based on a preference amount of $10.00 per share, payable semiannually. This decision reflects the company's commitment to maintaining shareholder value while managing its capital structure effectively. The issuance of additional shares as dividends may lead to dilution for existing shareholders, but it also indicates the company's strategy to preserve cash flow while rewarding its investors. The dividend payment is expected to enhance the attractiveness of the preferred shares, potentially drawing in more investors looking for income-generating assets. As Cemtrex continues to navigate its operational landscape, this move may signal confidence in its ongoing financial health and operational execution.
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