UPDATE: UPDATE: CIM Commercial Trust (CMCT) Declares $0.2187 Quarterly Dividend; 5.6% Yield

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Go back to UPDATE: UPDATE: CIM Commercial Trust (CMCT) Declares $0.2187 Quarterly Dividend; 5.6% Yield

CIM Commercial Trust Declares Common and Preferred Stock Dividends and Gives Update on Providing Liquidity to Shareholders

March 8, 2017 9:05 PM EST

DALLAS--(BUSINESS WIRE)-- CIM Commercial Trust Corporation (NASDAQ: CMCT), a real estate investment trust (REIT) that principally invests, owns, and operates stabilized Class A and creative office investments located in vibrant and improving urban communities throughout the U.S., announced today that its Board of Directors has declared a quarterly cash dividend of $0.21875 per common share. The dividend will be paid on March 27, 2016 to shareholders of record as of March 20, 2017.

In addition, the Board of Directors has declared a quarterly cash dividend of $0.34375 per share of CMCT's Series A Preferred Stock.... More