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Lument Finance Trust, Inc. announced the declaration of a cash dividend of $0.06 per share of common stock with respect to the third quarter of 2022. The dividend is payable on October 17, 2022, to common stockholders of record as of the close of business on September 30, 2022.
The Company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on October 17, 2022, to preferred stockholders of record as of the close of business on October 3, 2022.
LFT is a Maryland corporation focused on investing in, financing and managing a portfolio of commercial real estate debt investments. The Company primarily invests in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets. LFT is externally managed and advised by OREC Investment Management, LLC d/b/a Lument Investment Management, a Delaware limited liability company.
