Cemtrex Inc. Declares Series 1 Preferred Stock Dividend in Shares

What Happened
Cemtrex, Inc. (CETX) filed an 8‑K (Item 3.02) reporting that its Board approved paying the dividend on its Series 1 Preferred Stock in additional shares of Series 1 Preferred Stock rather than cash. The additional shares will be issued on October 7, 2026 to holders of record as of the close of business on September 30, 2026.

Key Details

• The dividend conversion was approved by the Board and involves issuance of additional Series 1 Preferred Stock (unregistered sale of equity securities).
• Series 1 Preferred Stock carries a 10% annual dividend rate, based on a $10.00 per‑share Preference Amount, payable semiannually.
• Record date: September 30, 2026; issuance date of shares: October 7, 2026.
• Item reported on the 8‑K: 3.02 — Unregistered Sales of Equity Securities.

Why It Matters
This action means the company is paying the Series 1 preferred dividend in stock rather than cash, which preserves cash but increases the number of Series 1 preferred shares outstanding. Investors should note the change in payment form (stock vs. cash) and the potential effect on the company’s preferred share count and capital structure; the filing does not indicate any change to the dividend rate or timing.