Lument Finance Trust, Inc Declares Quarterly Cash Dividends for its Common and Preferred Stock
/PRNewswire/ -- The company, LFT, announced that it would declare a cash dividend of $0.09 per share of common stock with respect to the third quarter of 2021. The dividend is payable on October 15, 20
The Company announced that a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock is payable on October 15, 2021 to preferred stockholders of record as of the closing
LFT is a Maryland company focused on investing in commercial real estate, financing and managing portfolios. The company focuses on transitional floating rate commercial mortgage loans and focusing on middle-market multi-family assets. LFT is managed and advised by OREC Investment Management, LLC. d/b/a Lument Investment Managing Company, a Delaware limited liability company.
Forward-looking Statements will be made soon.
Certain statements in this press release constitute forward-looking statements intended to qualify for the safe harbor contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of Securities Exchange Act, such as modified. Forward-looking statements are subject to risks and uncertainties. These words can be used to describe forward-looking statements by thinking: "believe," "expect," anticipate," or "plan," then "continue," and "interim," etc. or by discussions of strategy The Company's forward-looking statements are based on the Company beliefs, assumptions and expectations of its future performance, and take into account all information currently available to the company from the date of this press release or the time of such statements. Actual results may differ from expectations, estimates, and projections. The Company's annual reports on Form 10-K, our quarterly reports of Form 10Q, and other current or periodic filings with the SEC, when evaluating these forward-looking statements, should consider a factor in the fact that The COVID-19 pandemic is a huge risk and uncertainty. Many of these risks and uncertainties are currently difficult to predict and are generally beyond the Company's control. Additionally, many of them currently are amplified by and The Annual Report on Form 10-K for the year-end December 31, 2020 can be downloaded at the SEC's website. www.sec.gov. . The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether due to new information, future events or otherwise.
SOURCE Lument Finance Trust, Inc.