Lument Finance Trust, Inc. Announces Exciting Dividend Updates

Lument Finance Trust, Inc. Announces Dividend Declarations
Lument Finance Trust, Inc. (NYSE: LFT) has recently declared its cash dividend for the common stock during the upcoming quarterly period. This initiative reflects the company's commitment to delivering value to its shareholders.
Details on the Cash Dividend for Common Stock
For the second quarter, a dividend of $0.06 per share will be issued to common stockholders. This amount emphasizes the company's continued focus on returning value to its investors, demonstrating positive financial management decisions amidst changing market conditions.
Preferred Stock Dividend Information
In addition to the common stock dividend, Lument Finance Trust has also declared a cash dividend of $0.4921875 per share for its 7.875% Cumulative Redeemable Series A Preferred Stock. This dividend reflects the company's strategic efforts to maintain strong shareholder relations and ensure financial robustness.
Strategic Insights from Leadership
James P. Flynn, the Chief Executive Officer of Lument Finance Trust, commented on the company's decision-making process regarding dividends. He emphasized a thoughtful approach aimed at preserving book value while positioning for long-term earnings potential. The company's focus remains on prudent asset management and liquidity practices to foster sustainable growth.
About Lument Finance Trust
Lument Finance Trust, Inc. is a Maryland corporation specializing in investing and managing a diverse portfolio of commercial real estate debt investments. The firm's primary focus lies in transitional floating rate commercial mortgage loans, particularly targeting middle-market multi-family assets. The management team at LFT, under the guidance of Lument Investment Management, LLC, is dedicated to maximizing returns for shareholders through informed investment strategies.
Additional Resources for Investors
For those seeking more information about Lument Finance Trust, a wealth of resources is available. Interested individuals can find detailed insights and updates on the company through various financial websites or by reaching out to Lument Finance Trust directly. The company's headquarters can be found at 230 Park Avenue, 20th Floor, New York, NY, where inquiries can be directed to the Investor Relations team.
Frequently Asked Questions
What is the announced cash dividend for common stock?
The announced cash dividend for the common stock is $0.06 per share.
What is the dividend for preferred stock?
Lument Finance Trust declared a dividend of $0.4921875 per share for its 7.875% Cumulative Redeemable Series A Preferred Stock.
When will the dividends be paid out?
The dividends will be payable on July 15 of the current year for both common and preferred stockholders.
Who manages Lument Finance Trust?
Lument Finance Trust is externally managed and advised by Lument Investment Management, LLC.
How can investors find more information about the company?
Investors can find additional information through financial websites or by contacting Lument Finance Trust directly at their headquarters.
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