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LFT-A Lument Finance Trust, Inc. 7.875% Series A Cumulative Redeemable Preferred

. We will pay cumulative cash dividends on the Series A Preferred Stock, from the date of original issue, at a rate of 7.875% per annum of the $25.00 liquidation preference per share (equivalent to the fixed annual rate of $1.96875 per share). Dividends on the Series A Preferred Stock will be payable quarterly in arrears on January 15, April 15, July 15 and October 15 of each year (or if not a business day, on the next succeeding business day). On or after May 5, 2026, we may, at our option, redeem the Series A Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price of $25.00 per share, plus an amount equal to all accrued but unpaid dividends (whether or not authorized or declared) on such Series A Preferred Stock to, but not including, the redemption date.  This security was issued by Lument Finance Trust, Inc., whose common stock symbol is LFT.

$18.30  0.00 (0.00%)
As of 03/24/2023 00:00:00 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  REIT—Mortgage
Index country:  USA
Country of incorporation:  USA
IPO date:  05/06/2021
Outstanding shares:  2,400,000
Average volume:  2,453
Market cap:   $56,448,000
Current dividend yield:  8.37%    calculation
Coupon rate:    7.875%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   05/05/2026
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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