Key Highlights

  • Medalist declared a quarterly dividend of $0.0675 per share on October 6, 2026, payable October 23 to holders of record October 16.
  • The previous dividend, also $0.0675 per share, was paid on July 30, 2026, to holders of record on July 23.
  • Second-quarter total revenue was $1,808,422, and the loss per share attributable to common stockholders was $0.26.
  • Medalist Diversified sold 84.7% of the class 1 beneficial interests in XXV DST as of June 30, 2026.

Medalist Diversified, Inc. (NASDAQ:MDRR) declared a quarterly dividend of $0.0675 per common share on October 6, 2026, payable on October 23 to holders of record on October 16. The Virginia-based sponsor of Delaware statutory trusts paid the same $0.0675 on July 30. Common dividends declared in the first half of 2026 were $0.1350 per share.

Dividend Program and Shareholder Returns

Medalist announced the $0.0675 dividend on October 6, 2026. It is payable in cash on October 23, 2026, to holders of record of the common stock as of October 16, 2026, which is also the ex-dividend date.

The preceding dividend was announced on July 13, 2026, at $0.0675 per share, payable on July 30 to holders of record on July 23. The second-quarter 10-Q shows common dividends of $0.1350 per share for the six months ended June 30, 2026, of which $0.0675 was in the second quarter.

About the Company

Medalist Diversified, Inc. is a Virginia-based sponsor of Delaware statutory trusts, and its common stock trades on the Nasdaq. According to its second-quarter 10-Q, its operating partnership owned five properties, a 15.3% beneficial interest in a Delaware statutory trust and two undeveloped parcels at June 30, 2026. The company ended its REIT election effective January 1, 2026.

Financial Performance Behind the Payout

Second-quarter total revenue was $1,808,422. The net loss was $206,121, of which a loss of $418,684 was attributable to Medalist common stockholders, or $0.26 per basic and diluted share.

At June 30, 2026, total equity was $37,279,416, including noncontrolling interests. Stockholders’ equity attributable to Medalist was $24,031,789, and the accumulated deficit was $30,384,954. Cash and cash equivalents were $6,382,359.

DST Sponsorship and Two Property Acquisitions

The company sponsors Delaware statutory trusts that hold properties and offers beneficial interests to accredited investors. At June 30, 2026, it had sold 84.7% of the class 1 beneficial interests in XXV DST. The 10-Q records the deconsolidation of XXV DST, a $6,823,648 impact in the statement of stockholders’ equity, and $464,291 of DST sponsorship revenue recognized on the deconsolidation.

On July 29, 2026, Medalist closed on a property at 14939 Metcalf Avenue, Overland Park, Kansas, with about 1.64 acres of land and an automotive service building of about 16,100 square feet. The purchase price was $5,800,000. The company acquired it through a Delaware statutory trust.

On September 17, 2026, it closed on a Caliber Collision Center at 8600 Highway 377, Aubrey, Texas, for $5,404,864, funded with cash on hand and held through a Delaware statutory trust. The purchase agreement dated July 21 was terminated on August 18 and reinstated and amended on September 3, 2026.

Outlook

Medalist has declared a dividend of $0.0675 per share payable on October 23, 2026.

Revenue, the sale of beneficial interests in its statutory trusts, cash on hand and the board’s quarterly declarations are the relevant factors for the dividend.