One of the largest nationwide commercial landscape companies, BrightView, has declared a cash dividend of $9m on its Series A Preferred Stock.

BrightView’s board of directors reports that the dividend is payable for the period from 30 June to 29 September 2025, and will be paid on 1 October, to holders of record as of 15 September 2025.

It is BrightView’s seventh consecutive quarterly cash dividend. The company attributes its ability to issue these payments to its maintained balance sheet flexibility and a strategic preference for cash dividends over payments-in-kind to avoid dilution for existing shareholders.

This dividend policy follows the company’s issuance of Series A Convertible Preferred Stock on 28 August 2023. In that transaction, BrightView sold 500,000 shares for an aggregate price of $500m. The preferred stock is convertible into common shares at a price of $9.44 per share and carries an annual dividend rate of 7.0%, which compounds quarterly. According to the terms, the company holds the election to pay these dividends either in cash or in kind.