Green Brick Partners, Inc. 8-K
Research Summary
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Green Brick Partners Declares Quarterly Dividend on Series A Depositary Shares
What Happened
Green Brick Partners, Inc. (GRBK) announced in an 8‑K (Item 8.01) that holders of record as of March 2, 2026 of its Series A Depositary Shares (NYSE: GRBK.PRA) will receive a quarterly dividend payable on March 13, 2026. The dividend is $0.35938 per depositary share, covering the period from December 15, 2025 through March 15, 2026.
Key Details
- Dividend amount: $0.35938 per Series A Depositary Share (equivalent to $359.38 per full Series A Preferred share).
- Record date: March 2, 2026. Payment date: March 13, 2026.
- Dividend rate: 5.75% annual rate on the $25,000 liquidation preference per Series A Preferred share (equals $1,437.50 per preferred share per year, or $1.4375 per depositary share per year).
- Period covered: from and including December 15, 2025 through, but not including, March 15, 2026.
Why It Matters
This filing confirms the scheduled dividend payment for holders of GRBK's Series A depositary shares and provides exact payment and record dates investors need to receive the payout. The announced dividend reflects the stated 5.75% annual rate on the Series A preferred instrument and signals the company is meeting its preferred-share distribution obligations; retail holders of the depositary shares should note the record date to ensure eligibility.