trending Market Intelligence /marketintelligence/en/news-insights/trending/xveqgtscjglqxs3b_lulwg2 content esgSubNav
In This List

Parking REIT halts cash distributions, common share dividends

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model

Video

How to use ESG Heat Maps in Credit Risk Analysis


Parking REIT halts cash distributions, common share dividends

Parking REIT Inc.'s board suspended the company's cash distributions and common stock dividends, effective immediately, in a bid to preserve capital and boost shareholder value.

The company, which primarily invests in U.S. and Canadian parking lots and facilities, said the cash savings from the suspension should enable it to explore investment opportunities and prepare for a potential liquidity event.