Mobile Infrastructure Corporation Declares Preferred Stock Dividends

The company schedules dividend payments for January, with rates set for Series A and Series 1 shares.

December 26, 2024

January Dividends Confirmed for Preferred Stockholders

Mobile Infrastructure Corporation (MIC), headquartered in Maryland, has declared its monthly dividend payments for holders of Series A and Series 1 Preferred Stock. The payouts are scheduled for January 13, 2025, with eligibility determined by record dates of December 29, 2024, for Series A and December 24, 2024, for Series 1.

The dividend rates were set at $4.791 per share for Series A Preferred Stock and $4.583 per share for Series 1 Preferred Stock. The Board of Directors authorized this decision on December 20, 2024, citing the company’s financial position and its dedication to delivering value to its shareholders.

Future Dividends and Strategic Outlook

The company underscored that future dividend payments would be subject to the Board’s discretion. Factors such as MIC’s financial condition, applicable legal guidelines, and broader economic conditions will influence future decisions. This announcement marks a continuation of MIC’s proactive efforts to balance growth aspirations with shareholder obligations.

MIC, an emerging growth company listed under the ticker symbol BEEP on NYSE American LLC, has maintained its focus on strategic expansion while fulfilling shareholder commitments. Dividend declarations often signal fiscal stability, reinforcing the Board’s confidence in the company’s trajectory.

For additional details, shareholders and stakeholders are encouraged to contact Mobile Infrastructure Corporation at its Cincinnati office via phone at (513) 834-5110.