Steadfast Apartment REIT Declares September Distributions
August 17, 2021
In an 8-K filed August 17, Steadfast Apartment REIT declared the distributions to be paid for September.
“On August 12, 2021, 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 September 1, 2021 and ending on September 30, 2021. The distributions will be equal to $0.001438 per share of the Company’s common stock per day. The distributions for each record date in September 2021 will be paid in October 2021. The distributions will be payable to stockholders from legally available funds therefor.”
The daily rate is consistent with the rate declared for July. On an annualized basis, the distribution is approximately equal to $0.525 per share per year.
Source: SEC
