8-KFiled Sep 7, 8:00 PM ET
Babcock & Wilcox Enterprises Declares $0.484375 Preferred Dividend
$BW · Babcock & Wilcox Enterprises, Inc.Research Summary
AI-generated summary of this SEC filing
Babcock & Wilcox Enterprises Declares $0.484375 Preferred Dividend
What Happened
- On September 8, 2026, Babcock & Wilcox Enterprises, Inc. (the Company) announced that its board approved a dividend of $0.4843750 per share on its 7.75% Series A Cumulative Perpetual Preferred Stock. The Company filed an 8‑K to report the action. The dividend has a record date of September 18, 2026 and a payment date of September 30, 2026. The Preferred Stock trades on the New York Stock Exchange under the symbol "BW PRA."
Key Details
- Dividend per share: $0.4843750
- Security: 7.75% Series A Cumulative Perpetual Preferred Stock (NYSE: BW PRA)
- Board approval date / 8‑K filing date: September 8, 2026
- Record date: September 18, 2026; Payment date: September 30, 2026
Why It Matters
- Preferred shareholders on the record date will receive the cash dividend on September 30, 2026, providing a defined cash return for holders of BW PRA.
- The filing does not disclose the number of shares outstanding or the total cash cost of the dividend, so investors cannot determine the aggregate payout from this 8‑K alone.
- Because the issue is labeled "cumulative" and "perpetual," the security is structured as a long‑term preferred with cumulative dividend characteristics; holders seeking income may view this as continued dividend activity by the company.