Brief: New York City REIT Inc Says Board Will Continue To Evaluate Company's Dividend Policy On A Quarterly Basis

American Strategic Investment

01/07/2022 14:23

July 1 (Reuters) - New York City REIT Inc  NYC.N :
    * NYC ANNOUNCES PORTFOLIO OCCUPANCY GROWS TO OVER 87%1,
TEMPORARY
SUSPENSION OF CASH DIVIDEND TO GENERATE ADDITIONAL WORKING
CAPITAL TO HELP FUND UPFRONT LEASING COMMISSIONS AND TENANT
IMPROVEMENTS AMONG OTHER USES
    * NEW YORK CITY REIT INC - BOARD WILL CONTINUE TO EVALUATE
COMPANY'S DIVIDEND POLICY ON A QUARTERLY BASIS

Source text for Eikon:  ID:nBw9fYkGBa 
Further company coverage:  NYC.N