Mobile Infrastructure Declares Preferred Stock Dividends For February
The Cincinnati-based parking infrastructure REIT set a mid-March payment date for holders of two separate preferred share classes.
February 25, 2026
Mobile Infrastructure Corporation, a Maryland-based real estate investment trust focused on parking infrastructure, has announced preferred stock dividend payments for February, authorized by its board of directors on February 24, 2026.
The company, which trades on the Nasdaq Stock Market under the ticker BEEP, declared monthly dividends for two classes of preferred shares:
- Series A Preferred Stock: approximately $4.79 per share
- Series 1 Preferred Stock: approximately $4.58 per share
Both payments are scheduled to be distributed on or around March 12, 2026.
Record Dates
Eligibility for the dividend payments is determined by record dates that differ slightly between the two share classes. Series A Preferred stockholders needed to be on record as of the close of business on February 25, 2026, while Series 1 Preferred stockholders had a record date of February 24, 2026.
Company Background
The announcement was made through a regulatory disclosure filed with the U.S. Securities and Exchange Commission, signed by Chief Executive Officer and President Stephanie Hogue. The company is headquartered at 30 W. 4th Street in Cincinnati, Ohio, and qualifies as an emerging growth company under SEC definitions.
Future Dividends Not Guaranteed
Mobile Infrastructure noted that future dividend declarations remain at the discretion of its board. Any future payments will depend on the company’s financial condition, applicable legal requirements, and other factors the board considers relevant at the time.
Impact on Common Shareholders
As a preferred stock dividend announcement, the payments do not directly affect BEEP common shareholders. Preferred dividends carry priority over common dividends in the capital structure, meaning these obligations are satisfied before any common stock distributions are considered. The relatively modest per-share amounts reflect the monthly cadence of the payments, consistent with how many preferred REIT dividend programs are structured.
