Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock and Announces Special Cash Dividend Distribution
Group 1 - Lument Finance Trust, Inc. declared a cash dividend of 0.09 per share due to real estate investment trust tax considerations, both payable on January 15, 2025 [1] - The Company also announced a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock, payable on January 15, 2025 [2] - LFT focuses on investing in, financing, and managing a portfolio of commercial real estate debt investments, primarily in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets [3]