ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock
ACRES Commercial Realty Corp. (NYSE: ACR) has announced quarterly cash dividend declarations for its preferred stock series. The company will pay a $0.6572606 per share dividend on its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock, reflecting a rate of 10.51617% (three-month Term SOFR plus 5.927%). Additionally, a $0.4921875 per share dividend will be paid on its 7.875% Series D Cumulative Redeemable Preferred Stock. Both dividends will be payable on January 30, 2025, to shareholders of record as of January 2, 2025.
ACRES Commercial Realty Corp. (NYSE: ACR) ha annunciato le dichiarazioni trimestrali dei dividendi in contante per le sue serie di azioni privilegiate. L'azienda pagherà un dividendo di $0.6572606 per azione sulla sua azione privilegiata cumulativa rimborsabile serie C con un tasso fisso al 8.625%, che riflette un tasso del 10.51617% (tre mesi di Term SOFR più 5.927%). Inoltre, un dividendo di $0.4921875 per azione sarà pagato sulla sua azione privilegiata cumulativa rimborsabile serie D al 7.875%. Entrambi i dividendi saranno pagabili il 30 gennaio 2025, agli azionisti registrati al 2 gennaio 2025.
ACRES Commercial Realty Corp. (NYSE: ACR) ha anunciado las declaraciones trimestrales de dividendos en efectivo para su serie de acciones preferentes. La compañía pagará un dividendo de $0.6572606 por acción en su acción preferente acumulada rescatable serie C con una tasa fija del 8.625%, que refleja una tasa del 10.51617% (tres meses del Term SOFR más 5.927%). Además, se pagará un dividendo de $0.4921875 por acción en su acción preferente acumulada rescatable serie D al 7.875%. Ambos dividendos serán pagaderos el 30 de enero de 2025, a los accionistas registrados a partir del 2 de enero de 2025.
ACRES Commercial Realty Corp. (NYSE: ACR)는 자사 우선주의 분기별 현금 배당금을 발표했습니다. 회사는 8.625% 고정-변동 시리즈 C 누적 환매 우선주에 대해 $0.6572606 주당 배당금을 지급하며, 이는 10.51617%의 비율(3개월 Term SOFR에 5.927% 추가)로 반영됩니다. 또한, 7.875% 시리즈 D 누적 환매 우선주에 대해 $0.4921875 주당 배당금이 지급됩니다. 두 배당금 모두 2025년 1월 30일에 지급되며, 기준일은 2025년 1월 2일입니다.
ACRES Commercial Realty Corp. (NYSE: ACR) a annoncé les déclarations de dividendes en espèces trimestriels pour ses actions privilégiées. L'entreprise versera un dividende de $0.6572606 par action sur son action privilégiée cumulative remboursable série C de 8.625%, reflétant un taux de 10.51617% (SOFR à trois mois plus 5.927%). De plus, un dividende de $0.4921875 par action sera versé sur son action privilégiée cumulative remboursable série D à 7.875%. Les deux dividendes seront payables le 30 janvier 2025, aux actionnaires inscrits au 2 janvier 2025.
ACRES Commercial Realty Corp. (NYSE: ACR) hat die vierteljährlichen Barausschüttungen für ihre Vorzugsaktienserie bekannt gegeben. Das Unternehmen wird eine Dividende von $0.6572606 pro Aktie auf seine 8.625% feste-zu-variable Serie C kumulativ rückzahlbare Vorzugsaktien zahlen, was einem Satz von 10.51617% entspricht (drei Monate Term SOFR plus 5.927%). Darüber hinaus wird eine Dividende von $0.4921875 pro Aktie auf seine 7.875% Serie D kumulativ rückzahlbare Vorzugsaktien gezahlt. Beide Dividenden werden am 30. Januar 2025 zahlbar sein für Aktionäre, die am 2. Januar 2025 eingetragen sind.
- Series C Preferred Stock dividend increased to 10.51617% rate due to floating rate adjustment
- Company maintains consistent dividend payments on both preferred stock series
- None.
The Company will pay a cash dividend on its
The Company will also pay a cash dividend on its
About ACRES Commercial Realty Corp.
ACRES Commercial Realty Corp. is a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate ("CRE") mortgage loans and equity investments in commercial real estate property through direct ownership and joint ventures. The Company is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp., a private commercial real estate lender exclusively dedicated to nationwide middle market CRE lending with a focus on multifamily, student housing, hospitality, industrial and office property in top
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "trend," "will," "continue," "expect," "intend," "anticipate," "estimate," "believe," "look forward" or other similar words or terms. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. Factors that can affect future results are discussed in the documents filed by the Company from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statement to reflect new or changing information or events after the date hereof or to reflect the occurrence of unanticipated events, except as may be required by law.
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SOURCE ACRES Commercial Realty Corp.
FAQ
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