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Sound Point Meridian Sets $0.16667 Monthly Distribution for Series A Shares

Payments on the 8.00% Series A Term Preferred Stock due 2029 are scheduled for Jan. 29, Feb. 26 and March 31, 2027.

Three brass markers sit beside a blank preferred-share certificate. / TokenPost.ai
Three brass markers sit beside a blank preferred-share certificate. / TokenPost.ai

Sound Point Meridian Capital, Inc. declared a $0.16667 monthly distribution for its 8.00% Series A Term Preferred Stock due 2029 on Thursday, Nov. 12, setting three payment dates for early 2027.

Payments are scheduled for Jan. 29, Feb. 26 and March 31, 2027. The corresponding record dates are Jan. 15, Feb. 16 and March 15.

The distribution reflects an 8.00% annual rate on the shares’ $25 liquidation preference. The first payment is scheduled for Jan. 29, 2027.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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