LAGO Evergreen Credit 8-K
Research Summary
AI-generated summary
LAGO Evergreen Credit Announces $0.92/share Cash Distribution
What Happened
LAGO Evergreen Credit filed a Form 8-K (Item 8.01) reporting that on March 30, 2026 its Board of Trustees declared a cash distribution of $0.92 per share. The distribution applies to shareholders of record as of March 31, 2026 and is expected to be paid on or around April 16, 2026. The filing was signed by Tim Gottfried, Chairman of the Board and CEO, dated March 31, 2026.
Key Details
- Declared distribution: $0.92 per share
- Record date: March 31, 2026
- Expected payment date: on or around April 16, 2026
- Total amount: $4,807,876; 8-K filed March 31, 2026 and signed by Tim Gottfried
Why It Matters
This is a cash return to shareholders rather than an earnings or financial-results disclosure. Investors who own shares on the record date will receive the payment; those who buy after the record date will not. The announced per-share amount and total payout tell shareholders the size of the distribution and the likely immediate cash benefit to eligible holders.
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