Power REIT
PWPower REIT (PW) is a real estate investment trust focused on acquiring, owning, and managing renewable energy infrastructure properties, particularly those related to solar and other clean energy assets. The company primarily invests in properties leased to landlords or operators of renewable energy projects, aiming to generate income through long-term leases and support sustainable energy initiatives.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| January 25, 2013 | $0.10 | 2013-01-10 | 2013-01-14 |
| October 5, 2012 | $0.10 | 2012-09-20 | 2012-09-24 |
| July 6, 2012 | $0.10 | 2012-06-21 | 2012-06-25 |
| March 30, 2012 | $0.10 | 2012-03-15 | 2012-03-19 |
| December 29, 2011 | $0.10 | 2011-12-15 | 2011-12-19 |
Dividends Summary
- Consistent Payer: Power REIT has rewarded shareholders with 31 dividend payments over the past 8 years.
- Total Returned Value: Investors who held PW shares during this period received a total of $3.73 per share in dividend income.
- Latest Payout: The most recent dividend of $0.10/share was paid 4746 days ago, on January 25, 2013.
- Yield & Schedule: PW currently pays dividends quarterly with an annual yield of 40.82%.
- Dividend Growth: Since 2005, the dividend payout has decreased by 16.7%, from $0.12 to $0.10.
- Dividend Reliability: PW has maintained or increased its dividend for 8 consecutive payments.
Company News
Power REIT received a notice from the NYSE American stating that it is not in compliance with the continued listing standards due to its reported stockholders' equity being below the required $2 million. The trust has until March 2026 to regain compliance or face delisting.
Old Bethpage, New York, March 29, 2024 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”), today announced that, as previously disclosed in its Annual Report on Form 10-K for the year ended December 31, 2023, which was filed on March 29, 2024 with the Securities and Exchange Commission, the audited f...
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