Headlines of Interest

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest.

Now that earnings season is done I expect news to be very slow.

Priority Income Fund Announces 11.3% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of a 13.6% Increase in Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” Common Shareholder Distributions for September 2023 through November 2023 and Preferred Stock Distributions for September 2023

Hersha Hospitality Trust to be Acquired by KSL Capital Partners

Kimco Realty® to Acquire RPT Realty in All-Stock Transaction