Ladder Capital (LADR) Declares $0.34 Quarterly Dividend; 7.4% Yield
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Ladder Capital Corp Reports Fourth Quarter and Full Year 2018 Results and Announces First Quarter 2019 Dividend to Holders of Class A Common Stock
February 27, 2019 4:15 PM ESTFinancial Highlights
GAAP disclosures:
GAAP income before taxes of $27.8 million for the fourth quarter and $228.3 million for the year ended December 31, 2018 compared to $48.4 million and $133.6 million for the fourth quarter and year ended December 31, 2017, respectively GAAP diluted EPS of $0.24 for the fourth quarter and $1.84 for the year ended December 31, 2018 compared to $0.40 and $1.13 for the fourth quarter and year ended December 31, 2017, respectively After-tax GAAP return on average equity of 6.9% for the fourth quarter and 13.5% for the year ended December 31, 2018 compared to 12.2% and 8.6% for the same periods in 2017,... More