CIM Commercial Trust (CMCT) Declares $0.28 Special Dividend; 1.7% Yield
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CIM Commercial Trust Declares Special Dividend
April 5, 2017 8:15 AM EDTDALLAS--(BUSINESS WIRE)-- CIM Commercial Trust Corporation (NASDAQ: CMCT), a real estate investment trust (REIT) that principally invests in, 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 special cash dividend of $0.28 per common share. The dividend will be paid on April 24, 2017 to shareholders of record as of April 17, 2017.
This special cash dividend will allow shareholders that did not participate in the September 2016 private repurchase (the September 2016 Repurchase) to receive the economic benefit of... More
