Home Business & Finance SunEdison Suspends Quarterly Dividend On Preferred Stock
SunEdison Suspends Quarterly Dividend On Preferred Stock

SunEdison Suspends Quarterly Dividend On Preferred Stock

2
0

SunEdison, Inc. , the largest global renewable energy development company,recentlyannounced  that it has suspended payment of quarterly dividends on the Company’s 6.75% Series A Perpetual Convertible Preferred Stock.  Dividends on the Perpetual Convertible Preferred Stock are payable in cash or common stock (with a floor price of $7.34) and suspended dividends will accumulate in arrears. The Company’s Board of Directors intends to reassess its dividend policy on an ongoing basis.

(2)

Anand Gupta Editor - EQ Int'l Media Network

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *