The $0.4922 payout matches prior quarters and offers an 8.84% forward yield for CODI.PR.B holders.
Compass Diversified’s 7.87% CUM PFD B series announced a $0.4922 per share quarterly dividend, unchanged from previous distributions. The payout equates to an 8.84% forward yield based on current pricing.
The dividend is payable July 30 to shareholders of record as of July 15, with an ex-dividend date also set for July 15. The company’s prior quarterly dividends have remained consistent at this level.
No immediate market reaction was disclosed in the announcement.