ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock
ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that its Board of Directors declared cash dividends on its Preferred Stock. The Company will pay a cash dividend on its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock ("Series C Preferred Stock") in the amount of $0.6103331 per share, which reflects a rate of 9.76533%, equal to three-month Term SOFR on the dividend determination date plus a spread of 5.927% per annum. The dividend will be payable on January 30, 2026, to holders of record on January 2, 2026. The Company will also pay a cash dividend on its 7.875% Series D Cumulative Redeemable Preferred Stock in the amount of $0.4921875 per share. The dividend will be payable on January 30, 2026, to holders of record on January 2, 2026.... Read more
Latest Price: $ 23.63
Dividend Yield (TTM): 0.00%
- No dividends the last 12 months.