Lument Finance Trust reports 2021 results: Q4 net income $2.5M, full year $7.4M; declares Q1 dividend $0.06

Lument Finance Trust, Inc.

Q4 net income $2.5M ($0.10/sh); distributable earnings $2.6M ($0.11/sh).
Full year net income $7.4M ($0.30/sh); distributable earnings $9.7M ($0.39/sh).
CRE portfolio grew 83% to $1.0B; zero delinquencies or impairments.
Declared common dividend $0.06/sh for Q1 2022, payable April 15, 2022.
Raised $81.1M via rights offering post-year-end, increasing common equity by 75%.

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