Condor Hospitality Trust (CDOR) Declares $7.94 Special Dividend; 108.5% Yield, to Delist

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Go back to Condor Hospitality Trust (CDOR) Declares $7.94 Special Dividend; 108.5% Yield, to Delist

Condor Hospitality Announces Special Dividend Liquidation Distribution on Common Stock and Plan to Delist From NYSE American Stock Exchange

December 10, 2021 4:30 PM EST

NORFOLK, Neb.--(BUSINESS WIRE)-- Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the Company), incorporated in the state of Maryland, today announced that its Board of Directors has approved a special dividend liquidation distribution of $7.94 per share of the Companys common stock (the Common Stock), to its stockholders of record as of the close of business on December 27, 2021. The special dividend liquidation distribution will be paid on December 30, 2021. This special dividend liquidation distribution is being made in accordance with the Companys voluntary Plan of... More