Lument Finance Trust Increases Quarterly Dividend From $0.07 To $0.08
Portfolio Pulse from Benzinga Newsdesk
Lument Finance Trust (LFT) has announced an increase in its quarterly dividend from $0.07 to $0.08.
June 13, 2024 | 12:02 pm
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POSITIVE IMPACT
Lument Finance Trust has increased its quarterly dividend from $0.07 to $0.08, signaling confidence in its financial stability and potential for future growth.
The increase in the quarterly dividend suggests that Lument Finance Trust is confident in its financial performance and future prospects. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100