Dividend Announcement - The company declared a quarterly cash dividend of $0.38 per share of common stock for Q4 2024, representing an annualized yield of approximately 7.8% based on the closing price on November 18, 2024 [1] - The common stock cash dividend is payable on December 31, 2024, to stockholders of record as of December 12, 2024, with an ex-dividend date of December 12, 2024 [2] - A quarterly cash dividend of $0.39844 per share was also declared for the company's 6.375% Series A Cumulative Redeemable Preferred Stock for Q4 2024, payable on December 31, 2024, to stockholders of record as of December 12, 2024 [3] Company Overview - CTO Realty Growth, Inc owns and operates high-quality, open-air shopping centers in the higher-growth Southeast and Southwest markets of the United States [4] - The company externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc (NYSE: PINE) [4] - Investors are encouraged to review the company's most recent investor presentation and supplemental financial information available on their website [4]
CTO Realty Growth Declares Dividends for the Fourth Quarter 2024
CTO Realty Growth(CTO) GlobeNewswire News Room·2024-11-19 21:10