The board of directors declared a quarterly dividend rate of $0.375 per share for Series A Redeemable Preferred Stock and $0.46875 per share for Series B Redeemable Preferred Stock. Payments for both classes are scheduled for August 5, September 4, and October 5, 2026, corresponding to record dates on July 24, August 25, and September 25 respectively.

Beyond the fixed payouts, the company is implementing enhanced special dividends for Series A holders. These are calculated based on the Secured Overnight Financing Rate (SOFR) plus 2.0%, maintaining an annual rate floor of 6.5% and a ceiling of 8.5%. The company noted that any shares held for only part of a dividend period will receive a prorated amount based on the actual duration of ownership.