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Lument Finance Trust Suspends Quarterly Dividend
Lument Finance Trust announced that its Board of Directors suspended the Company's quarterly dividend on its common stock commencing with the third quarter dividend that would have otherwise been paid in October 2026.
Lument Finance Trust Reports Q2 Distributable EPS of 10 Cents
Lument Finance Trust reports Q2 distributable EPS (10c) vs. 5c last year
Lument Finance Trust Receives NYSE Compliance Notice
Lument Finance Trust received notice from the NYSE that the company is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the company's common stock was less than $1.00 over a consecutive 30 trading-day period. The notice does not currently impact the listing and trading of the company's common stock on the NYSE. The company intends to timely notify the NYSE of its intent to regain compliance with the minimum share price requirement. The company may regain compliance at any time during the six-month cure period, which ends on January 24, 2027, if, on the last trading day of any calendar month during the cure period, the company's common stock has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on such date. The company's common stock will continue to be listed and trade on the NYSE during the cure period. The company is considering all available alternatives to regain compliance with the NYSE minimum share price requirement, including a reverse stock split.
Lument Finance Trust Reports Q1 Distributable EPS of 2 Cents
Lument Finance Trust reports Q1 distributable EPS 2c, consensus 6c
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