Presidio Property Trust, Inc. Class A Common Stock (SQFT)
Presidio Property Trust, Inc. Class A (SQFT) is a real estate investment trust (REIT) that primarily focuses on acquiring, owning, and managing commercial properties, including office, retail, and industrial assets. The company aims to enhance value through strategic acquisitions and property management, catering to tenants across diverse sectors.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 26, 2023 | $0.02 | 2023-12-15 | 2023-12-18 |
| October 11, 2023 | $0.02 | 2023-10-05 | 2023-10-06 |
| June 30, 2023 | $0.02 | 2023-06-26 | 2023-06-27 |
| March 31, 2023 | $0.02 | 2023-03-29 | 2023-03-30 |
| December 30, 2022 | $0.02 | 2022-12-16 | 2022-12-19 |
Dividends Summary
- Presidio Property Trust, Inc. Class A Common Stock has issued 13 dividend payments over the past 3 years
- The most recent dividend was paid 634 days ago, on December 26, 2023
- The highest dividend payed out to investors during this period was $0.106 per share
- The average dividend paid during this period was $0.07 per share.
Company News
Presidio Property Trust has declared quarterly cash dividends for its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for July, August, and September 2025, with each dividend payment being $0.19531 per share.
Bravo Property Trust and Integritas Capital have closed a $125 million senior construction loan to convert an existing 8-story office building in Dumbo, Brooklyn into a 19-story residential tower with multifamily rentals and condos. The project will benefit from New York City's 467m tax abatement program.
Weak REITs with messy balance sheets and/or overvaluation are likely to suffer the most damage in any downturn. Explore more details here.