InPoint Commercial Real Estate Income, Inc. Declares Series A Preferred Stock Dividend
InPoint Commercial Real Estate Income (NYSE: ICR,PRA) has declared a quarterly dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Preferred Stock. This dividend will be paid on March 30, 2022, to shareholders on record by March 15, 2022. The company, based in Maryland, focuses on originating, acquiring, and managing a diversified credit portfolio secured by commercial real estate properties across the United States.
- Quarterly dividend of $0.421875 per share demonstrates commitment to returning value to shareholders.
- Risks associated with borrower defaults and changing interest rates may impact financial performance.
- COVID-19 pandemic effects on hospitality and retail properties could negatively influence earnings.
About InPoint Commercial Real Estate Income, Inc.
InPoint Commercial Real Estate Income, Inc. is a commercial mortgage real estate investment trust that seeks to originate, acquire and manage a diversified credit portfolio secured by commercial real estate properties primarily within
Cautionary Notice Regarding Forward-Looking Statements
This release contains forward-looking statements reflecting the Company’s expectations, plans, strategies or objectives. You can generally identify forward-looking statements by the use of terms such as “will” or “seeks” or similar words that relate to the future. These statements are based on current expectations and assumptions that are subject to numerous risks and uncertainties, so there can be no assurance that these forward-looking statements will prove to be accurate. Actual results may be materially different from the Company’s expectations expressed in or implied by forward-looking statements. Some of the factors that could cause actual results to differ materially from the Company’s expectations include risks and uncertainties related to blind pool offerings, best efforts offerings, deploying the proceeds from the offering of the Company’s
You should carefully review the “Risk Factors” set forth in the Company’s Annual Report on Form 10-K for the year ended
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Inland Media Relations
nicole.spreck@inlandgroup.com
630-586-4896
Source: InPoint Commercial Real Estate Income, Inc.
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