Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock and Announces Special Cash Dividend Distribution
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Lument Finance Trust, Inc. (NYSE: LFT) declared a quarterly cash dividend of $0.08 per share for its common stock and a special one-time cash dividend of $0.09 per share due to tax considerations.
December 12, 2024 | 11:00 pm
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Lument Finance Trust, Inc. declared a regular quarterly dividend of $0.08 and a special dividend of $0.09 per share, which may attract dividend-focused investors.
The announcement of both a regular and a special dividend is likely to be viewed positively by investors, particularly those focused on income. This could lead to a short-term increase in stock price as investors seek to capture the dividend payouts.
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