CEMTREX INC 8-K

What Happened Cemtrex, Inc. (CETX) filed an 8-K (Item 3.02) reporting that its Board approved payment of the Series 1 Preferred Stock dividend in additional shares of Series 1 Preferred (a dividend-in-kind). The additional shares will be issued on April 7, 2026 to holders of record at the close of business on March 31, 2026. The Series 1 Preferred carries a 10% annual dividend based on a $10.00 preference amount, payable semiannually.

Key Details

• Filing: Form 8-K (Item 3.02) filed March 19, 2026, reporting unregistered sale of equity securities.
• Dividend form: Payment will be in additional shares of Series 1 Preferred (dividend-in-kind), not cash.
• Important dates: Record date March 31, 2026; issuance date April 7, 2026.
• Dividend terms: 10% per year on a $10.00 preference amount (equivalent to $1.00 per share annually), payable semiannually.

Why It Matters This action preserves cash for Cemtrex by issuing additional preferred shares instead of paying cash dividends. It will increase the number of Series 1 Preferred shares outstanding, which can affect the company’s capital structure and per-share metrics. Investors should note the unregistered nature of the issuance and review the rights and preferences of Series 1 Preferred stock when assessing potential impacts on common shareholders and overall capitalization.