Chiron Real Estate Switches to Monthly Dividends, Declares $0.25 Per Share
Chiron Real Estate Inc., a commercial real estate investment company, declared three monthly dividends of $0.25 per share beginning in April 2026. The company is transitioning from quarterly to monthly payments while maintaining its $3.00 annual rate.
Chiron Real Estate Inc., a commercial real estate investment company, declared three consecutive monthly common stock dividends of $0.25 per share for April, May, and June 2026. The company's board approved the new payment structure on February 24, 2026. Read more dividend announcements.
The move represents a shift from quarterly to monthly dividend payments, with the annualized dividend rate remaining unchanged at $3.00 per share. Management stated the monthly cadence will provide investors with more frequent income while better aligning with the company's portfolio cash flows.
| Record Date | Payment Date | Amount Per Share |
|---|---|---|
| March 20, 2026 | April 17, 2026 | $0.25 |
| April 20, 2026 | May 15, 2026 | $0.25 |
| May 20, 2026 | June 12, 2026 | $0.25 |
Preferred Stock Dividends
The board also declared quarterly dividends on the company's preferred stock series. Series A preferred stockholders of record as of April 15, 2026 will receive $0.46875 per share on April 30, 2026, covering the period from January 31 through April 29, 2026.
Series B preferred stockholders of record as of April 15, 2026 will receive $0.50 per share on April 30, 2026, also covering the January 31 through April 29, 2026 period.
Recent Corporate Activity
Chiron Real Estate amended and restated its $700 million credit facility in the fourth quarter of 2025, extending the maturity to December 2029 with two additional one-year extension options. The amended facility eliminated the previous 10 basis point SOFR credit spread adjustment on all borrowings.
The company entered into new forward-starting interest rate swaps that will fix three new Term Loan A tranches at a weighted average rate of 4.80% based on current leverage, starting in May 2026.
Under its $50 million stock repurchase program established in August 2025, Chiron Real Estate had repurchased 175,634 shares at an average price of $34.16 per share through December 31, 2025, totaling $6.0 million. The company did not repurchase any shares between January 1 and February 24, 2026.
In January 2026, the company made its first investment in the active adult residential sector, committing $7.1 million for a 49% interest in a joint venture developing a 132-unit luxury community near Minneapolis. The joint venture secured a $31.0 million construction loan for the project.