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An announcement from Lument Finance Trust ( (LFT) ) is now available.
Lument Finance Trust, Inc. has declared a quarterly cash dividend of $0.08 per common share and $0.4921875 per preferred share of 7.875% Series A stock, payable on October 15, 2024. Stockholders on record as of September 30 for common shares and October 1 for preferred shares will be eligible for the dividend. LFT, a Maryland corporation, focuses on commercial real estate debt investments, particularly transitional floating rate commercial mortgage loans targeting middle-market multi-family assets.
For an in-depth examination of LFT stock, go to TipRanks’ Stock Analysis page.