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Claros Mortgage Trust Board Suspends Quarterly Dividend On Its Common Stock Commencing With Q4 Dividend That Would Have Otherwise Been Paid In January 2025

Author: Benzinga Newsdesk | December 16, 2024 06:59pm

CMTG paid three regular quarterly dividends during the year totaling $0.60 per share of common stock, which exceeds its 2024 taxable income estimate.

"Looking ahead, the Board of Directors will determine whether to reinstate the quarterly dividend based on broader market conditions, the Company's financial performance and estimated REIT taxable income."

Posted In: CMTG


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