Holders of the 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock will receive $0.610625 per share. This payout reflects a 9.77% rate, calculated based on the three-month Term SOFR plus a 5.927% spread. Simultaneously, the company confirmed a dividend of $0.4921875 per share for its 7.875% Series D Cumulative Redeemable Preferred Stock. Both payments are slated for processing on October 30, 2026, requiring shareholders to be on record by October 1, 2026.
In section Releases
ACRES Commercial Realty Declares Preferred Stock Dividends
Uniondale-based ACRES Commercial Realty Corp. has set its quarterly cash dividend payouts for Series C and Series D preferred stockholders. The company board confirmed that payments for both classes of shares are scheduled for distribution on October 30, 2026, to investors of record as of the start of October.
Comments (0)
No comments yet. Be the first!