CIM Commercial Trust (CMCT) Declares $0.125 Quarterly Dividend; 3.4% Yield

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CIM Commercial Trust Declares Common and Preferred Stock Dividends

March 6, 2018 8:17 PM EST

DALLAS--(BUSINESS WIRE)-- CIM Commercial Trust Corporation (NASDAQ: CMCT), a real estate investment trust (REIT) that principally acquires, owns, and operates Class A and creative office assets in vibrant and improving urban communities throughout the U.S., announced today that its Board of Directors has declared a quarterly cash dividend of $0.125 per common share. The dividend will be paid on March 29, 2018 to shareholders of record at the close of business on March 16, 2018.

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