🔴 BGMS is trading 7.3% down today following its preferred stock dividend announcement

BGMS is trading at $1.02 (7.3% down) in after-hours trading following a sharp multi-day rally into its recent preferred stock dividend announcement.

• The company’s Board declared a $0.15 quarterly cash dividend on its 6% Convertible Exchangeable Preferred Stock.
• The dividend is payable August 1, 2026, which has drawn significant investor attention and may be prompting profit-taking.
• The current price action follows a period of strong gains leading up to the official declaration.