Lument Finance Trust (LFT) Declares $0.06 Quarterly Dividend; 12.6% Yield

Go back to Lument Finance Trust (LFT) Declares $0.06 Quarterly Dividend; 12.6% Yield

Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock

March 16, 2023 5:15 PM EDT

NEW YORK, March 16, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.06 per share of common stock with respect to the first quarter of 2023. The dividend is payable on April 17, 2023, to common stockholders of record as of the close of business on March 31, 2023.

The Company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on April 17, 2023, to preferred... More