SUNS declares $0.21 partial Q3 and $0.42 Q4 dividends; portfolio $119.6M commitments

Sunrise Realty Trust, Inc.

Spin-off finalized July 9, making SUNS a pure-play CRE lender focused on the Southern US.
Portfolio commitments total $119.6M, with $96.2M funded as of August 5, 2024.
Partial Q3 2024 dividend of $0.21/share, payable October 15 to holders of record September 30.
Regular Q4 2024 dividend of $0.42/share, payable January 15, 2025 to holders of record December 31.
CEO Brian Sedrish cites confidence in business strategy; 10-Q for Q2 2024 also filed.

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