InPoint REIT Declares $0.30 Quarterly Dividend
Ticker: ICRP · Form: 8-K · Filed: Sep 13, 2024 · CIK: 1690012
| Field | Detail |
|---|---|
| Company | Inpoint Commercial Real Estate Income, Inc. (ICRP) |
| Form Type | 8-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, real-estate, income
TL;DR
InPoint REIT is paying out $0.30/share on Oct 15th to shareholders of record Sept 30th.
AI Summary
On September 12, 2024, InPoint Commercial Real Estate Income, Inc. filed an 8-K report to announce that its Board of Directors has declared a quarterly cash dividend of $0.30 per share for its common stock. This dividend is payable on October 15, 2024, to stockholders of record as of September 30, 2024.
Why It Matters
This dividend declaration provides income to shareholders and signals the company's financial stability and confidence in its ongoing operations.
Risk Assessment
Risk Level: low — The filing is a routine dividend declaration, which is a standard corporate action with low inherent risk.
Key Numbers
- $0.30 — Quarterly Dividend Per Share (Amount declared for common stock holders.)
Key Players & Entities
- InPoint Commercial Real Estate Income, Inc. (company) — Registrant
- $0.30 (dollar_amount) — Quarterly cash dividend per share
- September 12, 2024 (date) — Date of report
- October 15, 2024 (date) — Dividend payment date
- September 30, 2024 (date) — Record date for dividend
FAQ
What is the amount of the quarterly cash dividend declared by InPoint Commercial Real Estate Income, Inc.?
The company declared a quarterly cash dividend of $0.30 per share for its common stock.
When will the declared dividend be paid?
The dividend is scheduled to be paid on October 15, 2024.
Who is eligible to receive this dividend payment?
Stockholders of record as of September 30, 2024, are eligible to receive the dividend.
What type of security is the dividend being paid on?
The dividend is being paid on the company's common stock.
What is the date of this 8-K filing?
The Form 8-K report was filed on September 12, 2024.
Filing Stats: 571 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-09-13 16:19:16
Key Financial Figures
- $0.001 — e Redeemable Preferred Stock, par value $0.001 per share ICR PR A New York Stock E
Filing Documents
- ck0001690012-20240912.htm (8-K) — 67KB
- 0000950170-24-106366.txt ( ) — 183KB
- ck0001690012-20240912.xsd (EX-101.SCH) — 25KB
- ck0001690012-20240912_htm.xml (XML) — 5KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On September 12, 2024, InPoint Commercial Real Estate Income, Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). A quorum was present at the Annual Meeting as required by the Company's Bylaws. The immediately following charts set forth the number of votes cast for and against, and the number of abstention votes and broker non-votes, with respect to each matter voted upon by the stockholders. Proposal 1 – Election of Directors The following five individuals were elected to the Board of Directors of the Company (the "Board") to serve as directors until the next annual meeting of stockholders and until their respective successors are duly elected and qualify. Votes For Votes Against Votes Abstained Broker Non-Votes Mitchell A. Sabshon 4,253,314 259,582 361,561 252,629 Donald MacKinnon 4,296,831 219,064 358,562 252,629 Norman A. Feinstein 4,293,429 220,452 360,576 252,629 Cynthia Foster Curry 4,276,891 227,593 369,973 252,629 Robert N. Jenkins 4,269,095 217,481 387,881 252,629 Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm The appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified. Votes For Votes Against Votes Abstained Broker Non-Votes 4,663,412 122,667 341,007 0 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INPOINT COMMERCIAL REAL ESTATE INCOME, INC. Date: September 13, 2024 By: /s/ Cathleen M. Hrtanek Cathleen M. Hrtanek Secretary