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CIO Preferreds: An Alternative to Cash in Your 401(k)
ByAinvest
Wednesday, Oct 22, 2025 2:40 pm ET1min read
City Office REIT has entered into a merger agreement with MCME, suspending dividends to common shareholders after Q2. However, the dividend on Series A Cumulative Preferred remains unchanged. The merger is expected to close by Q4, and City Office REIT plans to redeem all outstanding shares of the preferred stock at $25 per share.
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