InPoint Commercial Real Estate Income, Inc. Declares Series A Preferred Stock Dividend

Rhea-AI Summary

InPoint Commercial Real Estate Income, Inc. (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 payable on June 30, 2022, to shareholders on record as of June 15, 2022. The company focuses on originating, acquiring, and managing a diversified credit portfolio backed by commercial real estate properties primarily in the United States.

Positive

• Quarterly dividend declared at $0.421875 per share.
• Confidence in income generation for shareholders.

Negative

• None.

OAK BROOK, Ill.--(BUSINESS WIRE)-- InPoint Commercial Real Estate Income, Inc. (NYSE: ICR PRA), a Maryland corporation (the “Company”), announced today that its board of directors has declared a dividend on its 6.75% Series A Cumulative Redeemable Preferred Stock. A quarterly dividend of $0.421875 per share will be paid on June 30, 2022 to holders of record on June 15, 2022.

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 the United States.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220602005867/en/

Alyssa Campbell, Inland Communications

(630) 218-2887 alyssa.campbell@inlandgroup.com

Source: InPoint Commercial Real Estate Income, Inc.

FAQ

What is the dividend amount declared by InPoint Commercial Real Estate Income, Inc.?

The declared dividend is $0.421875 per share.

When will the dividend be paid?

The dividend will be paid on June 30, 2022.

What is the record date for the dividend?

The record date for the dividend is June 15, 2022.

How often does InPoint Commercial Real Estate Income, Inc. pay dividends?

InPoint Commercial Real Estate Income, Inc. pays dividends quarterly.

What type of stock is the dividend declared on?

The dividend is declared on the 6.75% Series A Cumulative Redeemable Preferred Stock.