Steadfast Apartment REIT Declares January Distributions
December 17, 2020
Distribution Declaration
On December 16, 2020, the Board of Directors of Steadfast Apartment REIT, Inc. (the “Company”) approved and authorized a daily distribution to stockholders of record as of the close of business on each day for the period commencing on January 1, 2021, and ending on January 31, 2021. The distributions will be equal to $0.002466 per share of the Company’s common stock per day. The distributions for each record date in January 2021 will be paid in February 2021. The distributions will be payable to stockholders from legally available funds therefor.
On November 5, 2020, the Board of Directors of the Company approved and authorized a daily distribution to stockholders of record as of the close of business on each day for the period commencing on December 1, 2020, and ending on December 31, 2020. The distributions were equal to $0.002459 per share of the Company’s common stock per day. The distributions for each record date in December 2020 will be paid in January 2021.
The annualized distribution rate based upon the original offering price of $15.00 per share is 6.00% for both December and January.
Source: SEC
