dividend
confidence high
sentiment positive
materiality 0.65
CIM Real Estate Finance Trust increases Q4 2022 monthly dividend by 11% to 3.39¢ per share
CIM REAL ESTATE FINANCE TRUST, INC.
- Monthly dividend raised 11% to $0.0339/share for Oct, Nov, Dec 2022; Q4 aggregate $0.1017/share.
- First higher dividend payable Nov 1, 2022 for October record date.
- Portfolio now primarily floating-rate assets; management cites under-leverage vs. publicly-traded mREITs.
- Company also evaluating potential future stock listing to increase liquidity.