Green Brick Partners, Inc. 8-K
Research Summary
AI-generated summary
Green Brick Partners Reports Q1 2026 Results; Declares Series A Dividend
What Happened
- On April 29, 2026, Green Brick Partners, Inc. (the Company) filed an 8-K announcing its financial and operational results for the year and the quarter ended March 31, 2026.
- The Company also announced a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock (depositary shares trading as NYSE: GRBK.PRA) to holders of record as of June 1, 2026, payable June 15, 2026.
Key Details
- Press release/8-K filed April 29, 2026 reporting results for the year and quarter ended March 31, 2026.
- Dividend period: covers March 15, 2026 through (but not including) June 15, 2026. Record date: June 1, 2026; payment date: June 15, 2026.
- Dividend amount: $359.38 per share of Series A Preferred Stock (equivalent to $0.35938 per Series A Depositary Share).
- Dividend rate: 5.75% of the $25,000 liquidation preference per preferred share (equivalent to $1,437.50 per preferred share per year or $1.4375 per depositary share per year).
Why It Matters
- The 8-K alerts investors that the Company has published its latest financial and operational results, which may affect assessments of near-term performance and valuation.
- The announced preferred-share dividend is material for holders of the Series A depositary shares (NYSE: GRBK.PRA): it confirms the company will pay the scheduled quarterly dividend on June 15, 2026 and specifies the exact payout and record date.
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