Zoned Properties Announces $0.41 Per Share Dividend
News related to:Zoned Properties, Inc · 2 min read
SCOTTSDALE, AZ, November 10, 2026 /CourierPR/ -- Zoned Properties, Inc., a company that has divested all its cannabis-related operations, has announced a special cash dividend of $0.41 per share. The dividend is set to be paid on November 20, 2026, to common stockholders of record as of November 11, 2026. The ex-dividend date is November 23, 2026.
The dividend payment represents more than 25% of the price of the company's shares of common stock, necessitating the use of due bills for the transaction. Due bills will be used to represent the right to receive the dividend from the record date of November 11, 2026, through the closing of trading on OTCQB on November 20, 2026. This period is referred to as the "Dividend Right Period."
Stockholders who sell their shares of common stock during the Dividend Right Period will be selling their right to the dividend and will not be entitled to receive it. Therefore, if an investor wishes to receive the dividend, they must hold their shares of common stock through and including the payment date of November 20, 2026.
Due bill obligations are typically settled between the brokers representing the buyers and the sellers of shares of common stock. The company has no obligation for either the amount of the due bill or the processing of the due bill. Buyers and sellers of the company's shares of common stock are advised to consult their brokers before trading to ensure they understand the effect of due bill procedures.
Zoned Properties, Inc. has taken significant steps to reposition itself by divesting all its cannabis-related operations. The company now focuses on other ventures and plans to pay any remaining indebtedness and settle its remaining accounts and agreements. It also intends to complete a reverse merger or other transaction involving the public company, though it cannot guarantee the success of such a transaction.
This dividend announcement is a significant financial event for the company and its shareholders, marking a new phase in the company's strategic direction.