Presidio Property Trust, Inc. Class A Common Stock
SQFTPresidio 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
- Consistent Payer: Presidio Property Trust, Inc. Class A Common Stock has rewarded shareholders with 13 dividend payments over the past 3 years.
- Total Returned Value: Investors who held SQFT shares during this period received a total of $0.85 per share in dividend income.
- Latest Payout: The most recent dividend of $0.02/share was paid 759 days ago, on December 26, 2023.
- Yield & Schedule: SQFT currently pays dividends quarterly with an annual yield of 2.74%.
- Dividend Growth: Since 2020, the dividend payout has decreased by 77.0%, from $0.10 to $0.02.
- Dividend Reliability: SQFT has maintained or increased its dividend for 6 consecutive payments.
Company News
Presidio appointed Paula Cipollone as Chief Transformation Officer to lead strategic operations and drive AI-powered transformation, focusing on streamlining operations and enhancing customer engagement.
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.
Presidio Property Trust, an internally managed REIT, announced a cash dividend on its Series D Preferred Stock for the months of January, February, and March 2025.
Presidio Property Trust, an internally managed REIT, announced a cash dividend on its Series D Preferred Stock for the months of October, November, and December 2024.
