Adamas Trust Declares Fourth Quarter 2025 Common Stock Dividend of $0.23 Per Share, and Preferred Stock Dividends

Rhea-AI Summary

Adamas Trust (Nasdaq: ADAM) declared a quarterly cash dividend of $0.23 per common share for the quarter ending December 31, 2025. The common dividend is payable on January 28, 2026 to shareholders of record as of the close of business on December 22, 2025.

The Board also declared quarterly cash dividends for four preferred series for the dividend period Oct 15, 2025–Jan 14, 2026, with a record date of January 1, 2026 and payment date of January 15, 2026 for each series: Series D $0.50, Series E $0.6769124, Series F $0.4296875, and Series G $0.4375 per share.

Positive

• Common dividend of $0.23 per share declared
• Common dividend payable Jan 28, 2026 to record holders on Dec 22, 2025
• Preferred dividends set with Jan 15, 2026 payment date
• Preferred per-share amounts: D $0.50, E $0.6769124, F $0.4296875, G $0.4375

Negative

• None.

Key Figures

Common dividend $0.23 per share Quarter ending December 31, 2025; payable January 28, 2026

Series D dividend rate 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

Series D dividend $0.50 per share Dividend period October 15, 2025 to January 14, 2026; payable January 15, 2026

Series E dividend rate 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

Series E dividend $0.6769124 per share Dividend period October 15, 2025 to January 14, 2026; payable January 15, 2026

Series F dividend rate 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

Series F dividend $0.4296875 per share Dividend period October 15, 2025 to January 14, 2026; payable January 15, 2026

Series G dividend $0.4375 per share 7.000% Series G Cumulative Redeemable Preferred Stock; same dividend period

Market Reality Check

$7.12 Last Close

Volume Volume 602,859 is effectively in line with 20-day average 598,936 (relative volume 1.01). normal

Technical Shares traded modestly above the 200-day MA of 7.1 at a price of 7.2, near the upper end of the 52-week range.

Peers on Argus

No peer stocks appeared in the momentum scanner and no same-day peer headlines were provided, indicating the reaction was likely company-specific rather than sector-driven.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Oct 29	Earnings results	Positive	+0.7%	Q3 2025 earnings release with dividend declaration and portfolio actions.
Oct 21	Conference call notice	Neutral	+1.6%	Announcement of timing and access details for Q3 2025 conference call.

Pattern Detected

Recent news events (earnings and call scheduling) have seen modestly positive price reactions, suggesting the stock has responded constructively to routine corporate updates.

Recent Company History

This announcement continues Adamas Trust’s pattern of regular communications to investors. In late October 2025, the company reported third quarter results with basic EPS of $0.36 and declared a $0.23 quarterly dividend, which drew a modestly positive 0.73% price reaction. A prior conference call scheduling notice on October 21, 2025 also saw a small gain of 1.6%. Today’s dividend declaration extends that history of consistent payouts to both common and preferred shareholders.

Market Pulse Summary

This announcement highlighted Adamas Trust’s continued return of capital via a regular quarterly common dividend of $0.23 per share and scheduled payments on multiple preferred series for the period ending January 14, 2026. In context with recent earnings and prior dividend declarations, it reinforces a pattern of consistent distributions. Investors may focus on ongoing earnings coverage of the dividend, future Board actions on payout levels, and how these distributions align with the trust’s broader portfolio and funding strategy.

Key Terms

fixed-to-floating rate financial

"8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock"

A fixed-to-floating rate is a type of loan or investment that starts with a fixed interest rate for a certain period, meaning the payments stay the same, then switches to a variable rate that can change over time based on market conditions. This matters because it offers the stability of fixed payments initially, but also the flexibility to benefit if interest rates drop later.

cumulative redeemable preferred stock financial

"Cumulative Redeemable Preferred Stock (“Series D Preferred Stock”), 7.875% Series E"

Cumulative redeemable preferred stock is a type of investment that gives shareholders priority over common stockholders to receive dividends and get their money back if the company is sold or closes. If the company misses dividend payments, it must pay them later before any dividends can go to other shareholders. This makes it a more secure and flexible option for investors seeking steady income with some ability to redeem their shares in the future.

record date financial

"stockholders of record as of the close of business on December 22, 2025."

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

payment date financial

"Payment Date | | January 15, 2026 | | January 15, 2026"

The payment date is the day when you actually receive money from a financial transaction, like getting your paycheck or the interest from a savings account. It matters because it tells you when the funds will be available to spend or use. Think of it as the day your paycheck hits your bank account, so you know when you can access the money.

dividend period financial

"for the dividend period that began on October 15, 2025 and ends on January 14, 2026"

A dividend period is the specific span of time that a company says it is paying shareholders for — similar to a pay period for employees — and it defines which owners are entitled to the distribution and when the payment relates to the company’s earnings. Investors care because the period determines eligibility and timing of cash receipts, helps estimate income and yield from holdings, and allows planning around expected cash flow and tax timing.

AI-generated analysis. Not financial advice.

NEW YORK, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Adamas Trust, Inc. (Nasdaq: ADAM) (the “Company” or “Adamas”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash dividend of $0.23 per share on shares of its common stock for the quarter ending December 31, 2025. The dividend will be payable on January 28, 2026 to common stockholders of record as of the close of business on December 22, 2025.

In addition, the Board declared cash dividends on the Company’s 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series D Preferred Stock”), 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series E Preferred Stock”), 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series F Preferred Stock”) and 7.000% Series G Cumulative Redeemable Preferred Stock (“Series G Preferred Stock”) as stated below.

Quarterly Preferred Stock Dividends
The Board declared cash dividends for the dividend period that began on October 15, 2025 and ends on January 14, 2026 as follows:

Class of Preferred Stock		Series D			Series E			Series F			Series G
Record Date		January 1, 2026			January 1, 2026			January 1, 2026			January 1, 2026
Payment Date		January 15, 2026			January 15, 2026			January 15, 2026			January 15, 2026
Cash Dividend Per Share		$0.50			$0.6769124			$0.4296875			$0.4375

About Adamas Trust
Adamas Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (“REIT”) for federal income tax purposes. Adamas is an internally-managed REIT focused on strategically deploying capital across complementary businesses to generate durable earnings and long-term value for stockholders through disciplined portfolio management and an operating platform designed to capture opportunities across real estate and capital markets.

Forward-Looking Statements
When used in this press release, in future filings with the Securities and Exchange Commission (the “SEC”) or in other written or oral communications, statements which are not historical in nature, including those containing words such as “will,” “believe,” “expect,” “anticipate,” “estimate,” “plan,” “continue,” “intend,” “could,” “would,” “should,” “may” or similar expressions, are intended to identify “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 (the “Exchange Act”), and, as such, may involve known and unknown risks, uncertainties and assumptions. Statements regarding the following subject, among others, may be forward-looking: the payment of dividends.

Forward-looking statements are based on estimates, projections, beliefs and assumptions of management of the Company at the time of such statements and are not guarantees of future performance. Forward-looking statements involve risks and uncertainties in predicting future results and conditions. Actual results and outcomes could differ materially from those projected in these forward-looking statements due to a variety of factors, including, without limitation: changes in the Company’s business and investment strategy; inflation and changes in interest rates and the fair market value of the Company’s assets, including negative changes resulting in margin calls relating to the financing of the Company’s assets; changes in credit spreads; changes in the long-term credit ratings of the U.S., Fannie Mae, Freddie Mac, and Ginnie Mae; general volatility of the markets in which the Company invests; changes in prepayment rates on the loans the Company owns or that underlie the Company’s investment securities; increased rates of default, delinquency or vacancy and/or decreased recovery rates on or at the Company’s assets; the Company’s ability to identify and acquire targeted assets, including assets in its investment pipeline; the Company's ability to dispose of assets from time to time on terms favorable to it; changes in relationships with the Company’s financing counterparties and the Company’s ability to borrow to finance its assets and the terms thereof; changes in the Company's relationships with and/or the performance of its operating partners; the Company’s ability to predict and control costs; changes in laws, regulations or policies affecting the Company’s business; the Company’s ability to make distributions to its stockholders in the future; the Company’s ability to maintain its qualification as a REIT for U.S. federal income tax purposes; the Company’s ability to maintain its exemption from registration under the Investment Company Act of 1940, as amended; impairments and declines in the value of the collateral underlying the Company's investments; changes in the benefits the Company anticipates from the acquisition of Constructive Loans, LLC; the Company's ability to effectively integrate Constructive Loans, LLC into the Company and the risks associated with the ongoing operation thereof; the Company's ability to manage or hedge credit risk, interest rate risk, and other financial and operational risks; the Company's exposure to liquidity risk, risks associated with the use of leverage, and market risks; and risks associated with investing in real estate assets and/or operating companies, including changes in business conditions and the general economy, the availability of investment opportunities and conditions in markets for residential loans, mortgage-backed securities, structured multi-family investments and other assets that the Company owns or in which the Company invests.

These and other risks, uncertainties and factors, including the risk factors and other information described in the Company’s reports filed with the SEC pursuant to the Exchange Act, could cause the Company’s actual results to differ materially from those projected in any forward-looking statements the Company makes. All forward-looking statements speak only as of the date on which they are made. New risks and uncertainties arise over time and it is not possible to predict those events or how they may affect the Company. Except as required by law, the Company is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For Further Information

AT THE COMPANY
Investor Relations
Phone: 212-792-0107
Email: InvestorRelations@adamasreit.com

FAQ

What common dividend did Adamas Trust (ADAM) declare for Q4 2025?

Adamas Trust declared a quarterly cash dividend of $0.23 per common share for the quarter ending Dec 31, 2025.

When is the ADAM common dividend payable and what is the record date?

The common dividend is payable on Jan 28, 2026 to shareholders of record as of Dec 22, 2025.

What are the payment dates and record dates for Adamas Trust preferred dividends (ADAM)?

All four preferred series have a record date Jan 1, 2026 and a payment date Jan 15, 2026 for the Oct 15, 2025–Jan 14, 2026 period.

How much will holders receive for each Adamas Trust preferred share (Series D, E, F, G)?

Per-share cash dividends are Series D $0.50, Series E $0.6769124, Series F $0.4296875, and Series G $0.4375.

Do ADAM common shareholders need to take action to receive the Jan 28, 2026 dividend?

No action is required if you are a shareholder of record by Dec 22, 2025; the dividend will be paid on Jan 28, 2026.