Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock

Rhea-AI Summary

Lument Finance Trust (NYSE: LFT) has declared dividends for both common and preferred stockholders. The company will pay a quarterly cash dividend of $0.06 per common share on July 15, 2025, to stockholders of record as of June 30, 2025. Additionally, holders of the 7.875% Cumulative Redeemable Series A Preferred Stock will receive $0.4921875 per share, payable July 15, 2025, to stockholders of record as of July 1, 2025. CEO James Flynn indicated that the dividend adjustment reflects current market conditions and aims to preserve book value while supporting long-term earnings potential.

Positive

• Continued commitment to dividend payments for both common and preferred shareholders
• Strategic focus on preserving book value and long-term earnings potential
• Maintenance of financial flexibility for asset management

Negative

• Dividend adjustment suggests potential earnings pressure
• Near-term earnings outlook appears challenging based on CEO comments
• Implied reduction in shareholder returns compared to previous periods

News Market Reaction

-6.53%

1 alert

-6.53% News Effect

On the day this news was published, LFT declined 6.53%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, June 20, 2025 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.06 per share of common stock with respect to the second quarter of 2025. The dividend is payable on July 15, 2025, to common stockholders of record as of the close of business on June 30, 2025.

The Company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on July 15, 2025 to preferred stockholders of record as of the close of business July 1, 2025.

James P. Flynn, Chief Executive Officer, said, "We approached this quarter's dividend decision with thoughtful deliberation and a clear-eyed view of our near-term earnings outlook. We determined it was prudent to adjust the dividend to reflect present realities, preserve book value and support our long-term earnings potential. Our focus remains on maximizing our flexibility, in order to achieve positive asset management outcomes and responsibly manage our liquidity. We believe these efforts will best position us to create long-term value for our shareholders."

About LFT

LFT is a Maryland corporation focused on investing in, financing and managing a portfolio of commercial real estate debt investments. The Company primarily invests in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets. LFT is externally managed and advised by Lument Investment Management, LLC, a Delaware limited liability company.

Additional Information and Where to Find It

Investors, security holders and other interested persons may find additional information regarding the Company at the SEC's Internet site at http://www.sec.gov/ or the Company website www.lumentfinancetrust.com or by directing requests to: Lument Finance Trust, 230 Park Avenue, 20th Floor, New York, NY 10169, Attention: Investor Relations.

Forward Looking Statements

 Certain statements included in this press release constitute forward-looking statements intended to qualify for the safe harbor contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, as amended. Forward-looking statements are subject to risks and uncertainties. You can identify forward-looking statements by use of words such as "believe," "expect," "anticipate," "project," "estimate," "plan," "continue," "intend," "should," "may," "will," "seek," "would," "could," or similar expressions or other comparable terms, or by discussions of strategy, plans or intentions. Forward-looking statements are based on the Company's beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company on the date of this press release or the date on which such statements are first made. Actual results may differ from expectations, estimates and projections. You are cautioned not to place undue reliance on forward-looking statements in this press release and should consider carefully the factors described in Part I, Item IA "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, which is available on the SEC's website at www.sec.gov, and in other current or periodic filings with the SEC, when evaluating these forward-looking statements. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company's control. Except as required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE Lument Finance Trust, Inc.

FAQ

What is Lument Finance Trust's (LFT) latest dividend payment for Q2 2025?

Lument Finance Trust declared a cash dividend of $0.06 per common share for Q2 2025, payable on July 15, 2025.

When is the ex-dividend date for LFT's Q2 2025 dividend?

Shareholders must be on record by June 30, 2025 to receive the common stock dividend payment.

What is LFT's preferred stock dividend amount for July 2025?

LFT declared a dividend of $0.4921875 per share for its 7.875% Cumulative Redeemable Series A Preferred Stock.

Why did Lument Finance Trust adjust its dividend in Q2 2025?

According to CEO James Flynn, the dividend was adjusted to reflect present market realities, preserve book value, and support long-term earnings potential.

What is the payment date for LFT's Q2 2025 dividends?

Both common and preferred stock dividends will be paid on July 15, 2025.