June 25, 2017 7:15 PM ET

Equity Real Estate Investment Trusts (REITs)

Company Overview of Power REIT

Company Overview

Power REIT is an independent equity infrastructure real estate investment trust. It invests in the real estate markets of the United States. The firm develops, manages, and invests in embedded real-estate in transportation and energy infrastructure. Power REIT was formed in 1916 and is based in Old Bethpage, New York.

301 Winding Road

Old Bethpage, NY 11804

United States

Founded in 1916

1 Employees

Phone:

212-750-0371

Key Executives for Power REIT

Chairman, Chief Executive Officer, Treasurer and Secretary
Age: 50
Compensation as of Fiscal Year 2016.

Power REIT Key Developments

Power REIT Announces Executive Appointments

Shareholders of Power REIT has elected David H. Lesser, Virgil E. Wenger, Patrick R. Haynes, III, William S. Susman and Justinian Hobor each of the four nominees to the Board of Trustees for a one-year term at 2017 Annual Meeting of shareholders held on May 15, 2017.

Power REIT Declares Quarterly Dividend on Preferred Stock, Payable on June 15, 2017

On March 24, 2017, Power REIT declared a quarterly dividend of $0.48375 per share on Power REIT's 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on June 15, 2017 to shareholders of record on May 15, 2017.

Power REIT, Annual General Meeting, May 15, 2017

Power REIT, Annual General Meeting, May 15, 2017, at 11:00 Eastern Daylight. Location: WeWork Bryant Park 54 West 40th Street New York, NY 10018 United States Agenda: To elect five trustees to the trust’s board of trustees; to serve until the next annual meeting of shareholders and until the successors to such trustees have been duly elected and qualified; to ratify the appointment of MaloneBailey, LLP as the trust’s independent registered public accounting firm; and to transact such other business as may properly come before the meeting.

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Recent Private Companies Transactions

Type
Date
Target
Buyback
January 23, 2017
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