CTO Realty Growth Declares Fourth Quarter Dividends
CTO Realty Growth, Inc. has recently made an announcement regarding a cash dividend for its stockholders. This focus on shareholder returns underlines the company's commitment to its investors, reflecting its positive financial standing and strategic management.
Quarterly Cash Dividend Details
The Board of Directors has authorized a quarterly cash dividend of $0.38 per share of common stock for the fourth quarter of 2025. This dividend showcases a healthy annualized yield of approximately 8.8%, based on the price of CTO Realty's common stock. Shareholders can expect this dividend to be payable on December 31, contributing to their overall investment returns.
Key Dates for Investors
This dividend is intended for stockholders of record as of December 11, ensuring that those who invest in CTO Realty Growth can benefit from the ongoing financial success of the company. The ex-dividend date is also set for December 11, meaning shares must be purchased before this date to qualify for the dividend.
Preferred Stock Dividend Declaration
In addition to the common stock dividend, CTO Realty Growth has also declared a quarterly cash dividend of $0.39844 per share for its 6.375% Series A Cumulative Redeemable Preferred Stock. This reinforces the company’s comprehensive strategy to provide returns on both common and preferred equity investments.
About CTO Realty Growth, Inc.
CTO Realty Growth, Inc. operates premier open-air shopping centers throughout key growth areas in the United States. Their commitment extends not only to shareholders but also to the communities where these properties exist. The company manages these assets with a vision of enhancing both local economies and investor interests.
Historical Performance and Background
Established over a century ago, CTO Realty has a history of paying annual dividends for more than five decades. This long-standing record is indicative of the company’s resilience and adaptability in fluctuating market conditions.
Investment Opportunities
CTO Realty Growth also manages a significant stake in Alpine Income Property Trust, Inc., broadening its investment portfolio and further securing financial stability. Investors looking at CTO can appreciate the diversified nature of its operations, which enhance potential returns from various revenue streams.
Contact Information
For any inquiries, stakeholders can reach the Investor Relations department via email at ir@ctoreit.com. This accessibility contributes to transparency and trust between the company and its investors, allowing for open dialogue about performance and expectations.
Frequently Asked Questions
What is the amount of the dividend declared?
The declared dividend for common stock is $0.38 per share for Q4 2025.
When will the dividend be payable?
The dividend will be payable on December 31, 2025.
What is the ex-dividend date?
The ex-dividend date is December 11, 2025.
What other dividends were declared?
In addition to the common stock dividend, a dividend of $0.39844 per share for the Series A Cumulative Redeemable Preferred Stock was also declared.
How long has CTO Realty paid dividends?
CTO Realty has been paying annual dividends for over 50 years, demonstrating its commitment to returning value to shareholders.
