Rithm Property Trust Inc. Declares First Quarter 2025 Dividends on Preferred Stock | RPT Stock News

4 days ago

Rithm Property Trust Inc. (RPT, Financial) declares a first quarter 2025 dividend of $0.4937500 per share.
Preferred shareholders will receive this dividend on May 15, 2025.
The dividend is set at a 9.875% pro-rata accrual rate from the Series C issuance date until payment.

The Board of Directors of Rithm Property Trust Inc. (RPT) has announced the declaration of a first quarter 2025 dividend for its Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. The dividend is set at $0.4937500 per share, reflecting a pro-rata accrual rate of 9.875% from the issuance date of March 4, 2025, until the payment date.

Shareholders of record as of May 1, 2025, will be eligible to receive the dividend, which will be paid on May 15, 2025.

Rithm Property Trust is a Maryland corporation that operates as a real estate investment trust (REIT), focusing on acquiring, investing in, and managing loans and properties. The company transitioned to a flexible commercial real estate investment strategy in 2024.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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