Sound Point Meridian Capital Inc. Announces Dividend Details for Series B Preferred Shares
Sound Point Meridian Capital Inc. announced that its 7.875% Cum Pref Shs Ser B 31/07/2030 will trade ex-dividend on November 13th, 2026, with a dividend of $0.16406 per share.
Meridian, MS, November 12, 2026 — Sound Point Meridian Capital Inc. has issued a notification regarding its upcoming dividend payment for a specific series of preferred shares.
The company announced that its 7.875% Cumulative Preferred Shares Series B, maturing on July 31st, 2030, will trade ex-dividend on November 13th, 2026. This means that any shareholder purchasing the stock on or after this date will not be entitled to receive the upcoming dividend payment. Investors who own the shares before the ex-dividend date will receive the dividend.
The dividend amount declared for these preferred shares is $0.16406 per share. This figure represents the total dividend payout each shareholder will receive for each share they held prior to the ex-dividend date.
The announcement details the specific financial event for this security, providing clarity for investors tracking their holdings in Sound Point Meridian Capital Inc. The company has not provided further details regarding the dividend payment process beyond the ex-dividend date and the per-share amount.
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