We are thrilled to share that on Friday, July 15, 2022, 286 Lenox Partners LLC (Ticker: TESLU) declared a Q2 cash distribution of $1.92 per share.
Investors who have purchased shares of TESLU before July 25, 2022 (the “ex-date”) will receive the distribution. You can learn more about TESLU and purchase shares here.
Shareholders will receive the distribution in their brokerage account on the payment date of August 2, 2022. The distribution is for the fiscal second quarter ending June 30, 2022.
Key Dates & Definitions:
Ex-Date: July 25, 2022
Record Date: July 26, 2022
Payment Date: August 2, 2022
What Comes Next:
All distributions will be made through the LEX platform. On the payment date, investors will receive their portion of cash distributions directly in their brokerage account. Payment is facilitated by the issuer’s transfer agent and the Depository Trust Company.
You can read more about how distributions work on LEX here.
August 5, 2022
The following feature was originally published on Bisnow.com and written by Julia Troy, in collaboration with the LEX team. We are republishing a version of it on the official LEX Blog with permission below.