Streitwise has declared a $0.21/share dividend for Q1 2022, which equates to an 8.4% dividend based on the original share purchase price of $10.00/share. Dividends will be distributed on April 8th to all eligible investors pursuant to the payment option selected in the Investor Center.
As workers return to offices nationwide and as the job market continues to tighten, expect well-amenitized collaborative spaces to be in high demand. Streitwise has always been ahead of the curve by targeting well-amenitized class A office buildings in suburban-urban locations and our returns have outmatched peers in the space.
We are happy to report that in Q1 of 2022, our tenants paid as expected and budgeted with 100% of contractual rent obligation collected and hit 100% occupancy at our Allied Solutions building. Portfolio-wide, we are 97% occupied with no tenant delinquencies. We executed a new 5-year lease at Streitwise Plaza in the last month with more updates to come soon.
While many investments have recently missed estimates or seen considerable principal loss, Streitwise has been able to consistently meet and exceed return objectives over a period of many years and has now produced an 8%+ dividend yield for 20 straight quarters. If you have any questions about investing today, you can schedule a call with us here to discuss more.
Mr. Wills is the Marketing Director and Head of Product for Streitwise.
Prior to joining Streitwise, Mr. Wills was Head of Paid Media at Bitcoin IRA and Fortress Gold Group. Previously, Mr. Wills was the Director of Lead Generation at GTMA, a real estate marketing agency, where he founded the paid media department that oversaw a large nationwide portfolio of multifamily properties. Mr. Wills holds a Bachelor of Science degree in Marketing from the University of Florida.