XML 53 R41.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Temporary Equity and Equity (Tables)
 3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of Stock by Class
The Company’s preferred shares authorized, issued and outstanding consisted of the following:
March 31,
2024		December 31, 2023
Preferred shares authorized, $0.001 par value
20,000,000 20,000,000 
Series A-3 shares issued and outstanding6,125 6,125 
Series A-4 shares issued and outstanding10,000 10,000 
Series C shares issued and outstanding
25,000 — 
Schedule of Cash, PIK and Special Cash Dividends
During the three months ended March 31, 2024 and 2023, INNOVATE's Board of Directors (the "Board") declared cash dividends with respect to INNOVATE’s issued and outstanding Series A-3 Preferred Stock and Series A-4 Preferred Stock, as presented in the following table (in millions):

2024
Declaration Date and Holders of Record DateMarch 31, 2024
Payment DateApril 15, 2024
Total Dividend$0.3 

2023
Declaration Date and Holders of Record DateMarch 31, 2023
Payment DateApril 17, 2023
Total Dividend$0.3 
During the three months ended March 31, 2023, DBMGi's Board of Directors declared dividends with respect to DBMGi’s issued and outstanding DBMGi Series A Preferred Stock, as presented in the following table (in millions):

2023
Declaration Date and Holders of Record DateMarch 31, 2023
Payment DateApril 17, 2023
Total Dividend
$0.9