Green Brick Partners, Inc 8-K, filed Feb 16, 2023
Green Brick Partners, Inc. (GRBK)
8-K
2023-02-16
For: 2023-02-16
View Original
Added on
April 04, 2026
About this 8-K
Green Brick Partners, Inc filed this 8-K on February 16, 2023.
Items reported
- Item 8.01: Other events
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 16, 2023
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Item 8.01 Other Events.
Green Brick Partners, Inc. (the “Company”) announced today that its Board of Directors has declared a quarterly cash dividend in the amount of $359.38 per share on the outstanding shares of the Company’s 5.75% Series A Cumulative Perpetual Preferred Stock (the “Series A Preferred Stock”) payable on March 15, 2023. Holders of record as of the close of business on March 1, 2023 (the “Record Date”) of the Company’s depositary shares (the “Series A Depositary Shares” (NYSE:GRBK.PRA)), each representing a 1/1,000th fractional interest in a share of its Series A Preferred Stock, will receive a quarterly dividend in the amount of $359.38 per share of Series A Preferred Stock (equivalent to $0.35938 per Series A Depositary Share), which will cover the period from, and including, December 15, 2022 through, but not including March 15, 2023. The dividend represents 5.75% of the $25,000.00 liquidation preference per share of Series A Preferred Stock (equivalent to $25.00 per Series A Depositary Share) per year (equivalent to $1,437.50 per share of Series A Preferred Stock per year or $1.4375 per Series A Depositary Share per year).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GREEN BRICK PARTNERS, INC. | ||||||||
| By: | /s/ Richard A. Costello | |||||||
| Richard A. Costello | ||||||||
| Chief Financial Officer | ||||||||
Date: February 16, 2023