POWER REIT (NYSEMKT:PW) Files An 8-K Other Events
Item 8.01 – Declaration of Dividend
On March 24, 2017, the Registrant declared a quarterly dividend
of $0.48375 per share on Power REITs 7.75% Series A Cumulative
Redeemable Perpetual Preferred Stock payable on June 15, 2017 to
shareholders of record on May 15, 2017.
Item 8.01 Announcement of Shareholder Meeting
Information
On March 24, 2017, the Registrant also announces that its Board
of Trustees has set May 15, 2017 as the date of the 2017 annual
meeting of shareholders, and the close of business on April 6,
2017, as the record date for determining shareholders entitled to
receive notice of, and to vote at, the 2017 annual meeting of
shareholders. In addition to this announcement, Power REIT will
separately send notice and proxy materials to shareholders of
record.
About POWER REIT (NYSEMKT:PW)
Power REIT is a real estate investment trust (REIT) that holds, develops, acquires and manages real estate assets related to transportation and energy infrastructure in the United States. The Company, within the transportation and energy infrastructure sectors, is focused on making new acquisitions of real estate that are or will be leased to renewable energy generation projects, such as utility-scale solar farms and wind farms. It is structured as a holding company and owns its assets through its subsidiaries. Its assets include approximately 112 miles of railroad infrastructure and related real estate, which is owned by its subsidiary Pittsburgh & West Virginia Railroad (P&WV) and approximately 601 acres of fee simple land leased to a range of solar power generating projects with an aggregate generating capacity of approximately 108 Megawatts (MW). It is engaged in expanding its portfolio of real estate related to renewable energy generation projects. POWER REIT (NYSEMKT:PW) Recent Trading Information
POWER REIT (NYSEMKT:PW) closed its last trading session 00.00 at 6.36 with shares trading hands.