ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock

UNIONDALE, N.Y., March 20, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that its Board of Directors declared cash dividends on its Preferred Stock. The Company will pay a cash dividend on its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock in the amount of $0.5390625 per share. The dividend will be paid on April 30, 2024, to holders of record on April 1, 2024. The Company will also pay a cash dividend on its 7.875% Series D Cumulative ...