CTO Realty Growth Declares Dividends for the Second Quarter 2025
- Maintained consistent quarterly dividend payments
- Attractive 8.5% annualized yield on common stock dividend
- Company continues to demonstrate ability to generate shareholder returns
- None.
Insights
CTO Realty Growth maintains its attractive 8.5% dividend yield with its Q2 2025 quarterly dividend declaration of $0.38 per share.
CTO Realty Growth's quarterly dividend announcement represents stability in its shareholder return program. The $0.38 per common share quarterly dividend translates to an
The company continues to support both common and preferred shareholders, with the 6.375% Series A Cumulative Redeemable Preferred Stock receiving a $0.39844 quarterly dividend. This consistent dividend payout signals management's confidence in the company's underlying cash flow generation despite challenging macroeconomic conditions.
CTO's focus on high-quality, open-air shopping centers in growth markets across the Southeast and Southwest positions it well against e-commerce disruption. Open-air centers have demonstrated resilience post-pandemic as they typically house necessity-based retailers and offer convenient access. Their strategic regional focus targets areas experiencing above-average population growth and retail spending.
The company's diversified approach includes external management and ownership stake in Alpine Income Property Trust (PINE), providing additional income streams beyond their core retail property portfolio. This diversity adds stability to their dividend coverage while potentially offering growth avenues through management fees.
While the announcement confirms dividend continuity, investors should note the forward-looking statements section highlighting multiple risk factors including interest rate volatility, banking sector stress, and supply chain disruptions - all potential headwinds for retail REITs that could impact future dividend sustainability.
WINTER PARK, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of
The Common Stock Cash Dividend is payable on June 30, 2025, to stockholders of record as of the close of business on June 12, 2025, and the ex-dividend date for the Common Stock Cash Dividend is June 12, 2025.
The Board of Directors also authorized, and the Company has declared, a quarterly cash dividend of
About CTO Realty Growth, Inc.
CTO Realty Growth, Inc. owns and operates high-quality, open-air shopping centers located in the higher growth Southeast and Southwest markets of the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE).
We encourage you to review our most recent investor presentation and supplemental financial information, which is available on our website at www.ctoreit.com.
Safe Harbor
Certain statements contained in this press release (other than statements of historical fact) are 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. Forward-looking statements can typically be identified by words such as “believe,” “estimate,” “expect,” “intend,” “anticipate,” “will,” “could,” “may,” “should,” “plan,” “potential,” “predict,” “forecast,” “project,” and similar expressions, as well as variations or negatives of these words.
Although forward-looking statements are made based upon management’s present expectations and beliefs concerning future developments and their potential effect upon the Company, a number of factors could cause the Company’s actual results to differ materially from those set forth in the forward-looking statements. Such factors may include, but are not limited to: the Company’s ability to remain qualified as a REIT; the Company’s exposure to U.S. federal and state income tax law changes, including changes to the REIT requirements; general adverse economic and real estate conditions; macroeconomic and geopolitical factors, including but not limited to inflationary pressures, interest rate volatility, distress in the banking sector, global supply chain disruptions, and ongoing geopolitical war; credit risk associated with the Company investing in structured investments; the ultimate geographic spread, severity and duration of pandemics such as the COVID-19 Pandemic and its variants, actions that may be taken by governmental authorities to contain or address the impact of such pandemics, and the potential negative impacts of such pandemics on the global economy and the Company’s financial condition and results of operations; the inability of major tenants to continue paying their rent or obligations due to bankruptcy, insolvency or a general downturn in their business; the loss or failure, or decline in the business or assets of PINE; the completion of 1031 exchange transactions; the availability of investment properties that meet the Company’s investment goals and criteria; the uncertainties associated with obtaining required governmental permits and satisfying other closing conditions for planned acquisitions and sales; and the uncertainties and risk factors discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and other risks and uncertainties discussed from time to time in the Company’s filings with the U.S. Securities and Exchange Commission.
There can be no assurance that future developments will be in accordance with management’s expectations or that the effect of future developments on the Company will be those anticipated by management. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
Contact: Investor Relations ir@ctoreit.com
FAQ
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