BLUE BELL, PA — BrightView Holdings, Inc. (NYSE: BV), a leading U.S. commercial landscaping company, announced that its Board of Directors has declared a cash dividend of $8.9 million on its Series A Preferred Stock. The dividend covers the period from March 31 to June 30, 2025, and will be paid on July 1, 2025, to holders of record as of June 15, 2025. This marks the sixth consecutive quarterly cash dividend, supported by the Company’s financial flexibility and commitment to avoid dilution from payment in kind.
On August 28, 2023, BrightView issued 500,000 shares of Series A Convertible Preferred Stock for $500 million. The stock is convertible into BrightView common stock at $9.44 per share and carries a 7.0% annual dividend, compounding quarterly, paid in cash or in kind at the Company’s discretion.
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