{"id":860226,"date":"2025-06-12T16:18:39","date_gmt":"2025-06-12T20:18:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brightview-declares-cash-dividend-payment-on-preferred-stock-2\/"},"modified":"2025-06-12T16:18:39","modified_gmt":"2025-06-12T20:18:39","slug":"brightview-declares-cash-dividend-payment-on-preferred-stock-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brightview-declares-cash-dividend-payment-on-preferred-stock-2\/","title":{"rendered":"BrightView Declares Cash Dividend Payment on Preferred Stock"},"content":{"rendered":"

<\/p>\n

BrightView Declares Cash Dividend Payment on Preferred Stock<\/b><\/p>\n

BLUE BELL, Pa.–(BUSINESS WIRE<\/a>)–BrightView<\/a> Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, announced today that the Company\u2019s Board of Directors has declared a cash dividend of $8.9 million on its Series A Preferred Stock. The dividend represents payment for the period from March 31, 2025, to June 30, 2025, and will be paid on July 1, 2025, to holders of record as of June 15, 2025. Today\u2019s dividend announcement marks the sixth consecutive quarterly cash payment made possible by the Company\u2019s continued balance sheet flexibility and commitment to avoid the dilutive impact caused by payment in kind.<\/p>\n

\nOn August 28, 2023, BrightView issued and sold an aggregate of 500,000 shares of its Series A Convertible Preferred Stock for an aggregate purchase price of $500 million. The Series A Preferred Stock is convertible into shares of BrightView common stock at a conversion price of $9.44 per share. Holders of the Series A Preferred Stock are entitled to a dividend at the rate of 7.0% per annum, compounding quarterly, paid in kind, or paid in cash, at the Company\u2019s election.<\/p>\n

About BrightView
\n
<\/b>BrightView (NYSE: BV<\/a>), the nation\u2019s largest commercial landscaper, proudly designs, creates, and maintains the best landscapes on Earth and provides the most efficient and comprehensive snow and ice removal services. With a dependable service commitment, BrightView brings brilliant landscapes to life at premier properties across the United States, including business parks and corporate offices, homeowners’ associations, healthcare facilities, educational institutions, retail centers, resorts and theme parks, municipalities, golf courses, and sports venues. BrightView also serves as the Official Field Consultant to Major League Baseball. Through industry-leading best practices and sustainable solutions, BrightView is invested in taking care of our team members, engaging our clients, inspiring our communities, and preserving our planet. Visit www.BrightView.com<\/a> and connect with us on X<\/a>, Facebook<\/a>, and LinkedIn<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250610930901\/en\/<\/a><\/span><\/p>\n

For More Information:
\n<\/b>
Investors
\n<\/b>
Chris Stoczko, Vice President of Finance
\n
IR@brightview.com<\/a><\/p>\n

News Media
\n<\/b>
David Freireich, Vice President of Communications & Public Affairs
\n
David.Freireich@brightview.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Pennsylvania<\/p>\n

INDUSTRY KEYWORDS:<\/b> Landscape Building Systems Residential Building & Real Estate Commercial Building & Real Estate Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

BrightView Declares Cash Dividend Payment on Preferred Stock BLUE BELL, Pa.–(BUSINESS WIRE)–BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, announced today that the Company\u2019s Board of Directors has declared a cash dividend of $8.9 million on its Series A Preferred Stock. The dividend represents payment for the period from March 31, 2025, to June 30, 2025, and will be paid on July 1, 2025, to holders of record as of June 15, 2025. Today\u2019s dividend announcement marks the sixth consecutive quarterly cash payment made possible by the Company\u2019s continued balance sheet flexibility and commitment to avoid the dilutive impact caused by payment in kind. On August 28, 2023, BrightView issued and sold an … <\/p>\n

Continue reading “BrightView Declares Cash Dividend Payment on Preferred Stock”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-860226","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBrightView Declares Cash Dividend Payment on Preferred Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brightview-declares-cash-dividend-payment-on-preferred-stock-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BrightView Declares Cash Dividend Payment on Preferred Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BrightView Declares Cash Dividend Payment on Preferred Stock BLUE BELL, Pa.–(BUSINESS WIRE)–BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, announced today that the Company\u2019s Board of Directors has declared a cash dividend of $8.9 million on its Series A Preferred Stock. The dividend represents payment for the period from March 31, 2025, to June 30, 2025, and will be paid on July 1, 2025, to holders of record as of June 15, 2025. Today\u2019s dividend announcement marks the sixth consecutive quarterly cash payment made possible by the Company\u2019s continued balance sheet flexibility and commitment to avoid the dilutive impact caused by payment in kind. 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