PINE - CTO Realty Growth Declares Dividends for the Fourth Quarter 2023 | Benzinga
WINTER PARK, Fla., Nov. 21, 2023 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.38 per share of common stock for the fourth quarter of 2023 (the "Common Stock Cash Dividend"). The Common Stock Cash Dividend represents an annualized yield of approximately 9.1% based on the closing price of the Company's common stock on November 20, 2023.
The Common Stock Cash Dividend is payable on December 29, 2023, to stockholders of record as of the close of business on December 14, 2023, and the ex-dividend date for the Common Stock Cash Dividend is December 13, 2023.
The Board of Directors also authorized, and the Company has declared, a quarterly cash dividend of $0.39844 per share of the Company's 6.375% Series A Cumulative Redeemable Preferred Stock for the fourth quarter of 2023, to be paid on December 29, 2023, to stockholders of record as of the close of business on December 14, 2023.
About CTO Realty Growth, Inc.
CTO Realty Growth, Inc. is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also externally manages ...