#USA #Preferred Stock #Cash Dividends #ACRES Realty #Uniondale, NY

ACRES Commercial Realty Corp. Announces Quarterly Dividends

ACRES Commercial Realty Corp. (NYSE: ACR), a prominent real estate investment trust, has recently declared its quarterly cash dividends for preferred stock holders. The company’s Board of Directors has approved this decision, highlighting its ongoing commitment to delivering returns to its investors.

Overview of the Declared Dividends

The company is set to pay dividends on two distinct classes of its preferred stock:
1. 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock
- Amount: $0.6103331 per share
- Reflects a rate of 9.76533% based on the three-month Term SOFR, plus an additional 5.927% per annum spread.
- Payment Date: January 30, 2026
- Record Date: Holders need to be on record by January 2, 2026 to be eligible for this dividend.

2. 7.875% Series D Cumulative Redeemable Preferred Stock
- Amount: $0.4921875 per share
- Payment Date: Also scheduled for January 30, 2026 with the same record date of January 2, 2026.

Importance of Preferred Stocks

Preferred stocks are a unique investment vehicle. They typically offer dividends at a fixed rate, providing a steady income stream, which is especially appealing to income-focused investors. ACRES’s decision to declare dividends indicates its financial health and strategic planning, reassuring shareholders of its commitment to shareholder value.

ACRES Commercial Realty Corp’s Business Focus

ACRES Commercial Realty Corp. primarily focuses on originating, holding, and managing commercial real estate mortgage loans. The Company also engages in equity investments in commercial properties, both through direct ownership and joint ventures. Its external management is handled by ACRES Capital, LLC, which specializes in providing middle-market Commercial Real Estate lending, targeting top U.S. markets particularly in multifamily housing, student residences, hospitality, industrial, and office sectors.

The strong emphasis on these areas highlights ACRES's strategy to capitalize on diverse real estate opportunities amidst varying market conditions. Investors looking at ACRES can expect a proactive approach to portfolio management and a commitment to sustainable performance in their investments.

Future Outlook

In the context of evolving market trends, ACRES Commercial Realty Corp. remains poised to adapt and leverage its core competencies in real estate lending and investment. The ongoing emphasis on preferred stock dividends signifies a stable outlook, reflecting responsible financial governance and strategic foresight.

For those interested in the specific details or further inquiries, ACRES provides a comprehensive investor relations section on its website, ensuring transparency and accessibility to crucial financial information for stakeholders.

In conclusion, the recent announcement regarding cash dividends comes as a positive signal to investors and reinforces ACRES’s position in the commercial real estate sector. As the company enters the new year, shareholders can anticipate continued strategic initiatives aimed at boosting value and sustaining robust financial health.

For more details about ACRES Commerical Realty Corp., investors can visit the official site at www.acresreit.com.