Compass Diversified (NYSE: CODI) has declared its second-quarter 2025 cash distributions for its series A, B, and C preferred shares. The company's 7.250% series A preferred shares will receive a quarterly cash distribution of $0.453125 per share, covering the period from April 30, 2025, up to but excluding July 30, 2025, payable to holders of record as of July 15, 2025.
Additionally, the 7.875% series B preferred shares will receive a quarterly cash distribution of $0.4921875 per share, covering the same period and payable to holders of record as of July 15, 2025.
Similarly, the 7.875% series C preferred shares will also receive a quarterly cash distribution of $0.4921875 per share, covering the same period and payable to holders of record as of July 15, 2025.
These distributions are expected to generally constitute "qualified dividends" for U.S. federal income tax purposes to the extent they are paid from "earnings and profits," subject to meeting the requisite holding period.
Compass Diversified, since its IPO in 2006, has demonstrated a consistent strategy of owning and managing a diverse set of middle-market businesses across various sectors, utilizing its permanent capital base and long-term disciplined approach to maintain controlling ownership interests in its subsidiaries. The company aims to maximize its impact on long-term cash flow generation and value creation.
The market has reacted to these announcements by moving the company's shares 1.56% to a price of $6.49. If you want to know more, read the company's complete 8-K report here.
