BLUE BELL, PA — BrightView Holdings, Inc. (NYSE: BV) said its board has approved a $9.0 million cash dividend on the company’s Series A Preferred Stock, extending a streak of quarterly payouts that management says reflects balance sheet flexibility and a deliberate move to avoid dilution.
The dividend covers the period from September 30, 2025, through December 30, 2025, and will be paid Friday, January 2, 2026, to shareholders of record as of Monday, December 15, 2025. The payment marks the eighth consecutive quarterly cash dividend on the preferred shares.
BrightView issued 500,000 shares of Series A Convertible Preferred Stock in August 2023, raising $500 million. The preferred stock carries a 7.0% annual dividend that compounds quarterly and may be paid in cash or in kind at the company’s discretion. The shares are convertible into BrightView common stock at a conversion price of $9.44 per share.
By opting to pay the dividend in cash, BrightView continues a pattern that investors often read as a signal of financial confidence, particularly in capital-intensive service businesses. Cash payments preserve the preferred holders’ economics without increasing the common share count, a concern when dividends are paid in kind through additional securities.
BrightView is the largest commercial landscaping company in the United States, providing landscape design, maintenance, and snow and ice removal services across a wide range of commercial and institutional properties. The company also serves as the Official Field Consultant to Major League Baseball, a role that reinforces its national footprint and operational scale.
For investors, the latest dividend announcement reinforces BrightView’s strategy of using preferred equity as long-term capital while demonstrating the capacity to meet fixed obligations in cash, even as market conditions remain uneven for service-sector operators.
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