CTO Realty Growth (CTO) Raises Quarterly Dividend 1.8% to $0.38; 6.9% Yield

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Go back to CTO Realty Growth (CTO) Raises Quarterly Dividend 1.8% to $0.38; 6.9% Yield

CTO Realty Growth Increases Quarterly Dividend By 1.8% and Declares Dividends For the Third Quarter 2022

August 22, 2022 7:30 AM EDT

WINTER PARK, Fla., Aug. 22, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the Company or CTO) announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.38 per share of common stock for the third quarter of 2022 (the Common Stock Cash Dividend), which represents a 1.8% increase as compared to the Companys previous quarterly cash dividend of $0.37333 per share of common stock. The Common Stock Cash Dividend is being increased to account for the Companys strong year-to-date cash flow growth and the need to distribute a certain... More