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New york city facts ks2. New york city reit incnyc or the company announced on july 29 2020 that it intends to list its common stock on the nyse under the ticker symbol nyc on or about august 18 2020 the listing and that in connection with the listing the board anticipates reinstating a distribution to common stockholders as a quarterly dividend based on an annual. Add to watchlist start trading news. New york city reit inc.
New york city reit inc registered shs a stock nyc. New york city reit inc. Intends to pay dividends on its shares of class a common stock and class b common stock at an annualized rate of 040 per share or 010 per share on a quarterly basis in arrears.
Managed by ar global a partnership led by investor nicholas schorsch many investors in the reit have seen their investment decline by as much as 80. Nyc has lost significant value since its public listing in august 2020. Official close 10162020 nyse.
Accordingly nyc declared a dividend equal to 004889 per share calculated to cover the period from august 18 2020 the date on which. 13 2020 prnewswire new york city reit inc.
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