dividend
confidence high
sentiment positive
materiality 0.60
CMFT increases dividend 2.18% to $0.0375/month; NAV falls 3.96% to $6.31
CIM REAL ESTATE FINANCE TRUST, INC.
- Monthly dividend raised to $0.0375/share for Q1 2024 (2.18% increase); cumulative 10.6% since Q4 2022.
- Estimated NAV per share as of 9/30/2023 is $6.31, down 3.96% from $6.57 a year ago.
- Portfolio of $6.6B: 73.7% credit, 18.9% real estate, 7.4% cash/other as of 9/30/2023.
- Dividend payable Feb 1, 2024 for January; DRIP will reinvest at new NAV of $6.31.