#United States #Preferred Stock #Uniondale #Cash Dividends #ACRES Realty

ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends

ACRES Commercial Realty Corp. (NYSE: ACR), a significant player in the commercial real estate investment sector, has recently made headlines by announcing cash dividends for its Preferred Stock. This declaration was made on March 19, 2026, and is a positive financial move for shareholders.

Dividend Details

The Board of Directors at ACRES has declared a cash dividend amounting to $0.599615 per share for its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock. This amount reflects a substantial return for investors, calculated at a noteworthy rate of 9.59384%. The rate is linked to the three-month Term SOFR, with an added spread of 5.927% per annum. Payments will be made to stockholders on April 30, 2026, for those recorded in the company’s books as of April 1, 2026.

In a similar fashion, the company will also be distributing a cash dividend of $0.4921875 per share for its 7.875% Series D Cumulative Redeemable Preferred Stock, which will also be payable on April 30, 2026, to the same class of shareholders.

Company Overview

ACRES Commercial Realty Corp. operates as a real estate investment trust (REIT) with a primary focus on originating and managing commercial real estate mortgage loans. In addition, the company engages in equity investments across various commercial real estate properties through ownership and joint ventures. This dual approach allows ACRES to diversify its portfolio while simultaneously maximizing returns for its investors.

Externally managed by ACRES Capital, LLC—a subsidiary of ACRES Capital Corp.—the firm specializes in nationwide middle market lending, with a keen interest in sectors such as multifamily housing, student accommodations, hospitality, industrial properties, and office spaces across prominent markets in the United States.

For interested investors and those keen to learn more about the company’s offerings and strategy, additional information can be found on their official website at www.acresreit.com or by reaching out to their investor relations team at their designated email.

Forward-Looking Statements

It is important to note that this announcement also contains forward-looking statements as defined under relevant securities laws. These statements are subject to various risks and uncertainties, which may lead actual results to vary significantly from projections made. Factors influencing these outcomes are elaborated in the company’s regulatory filings with the Securities and Exchange Commission (SEC). The company has no duty to update or amend any forward-looking statements unless mandated by law.

Conclusion

ACRES Commercial Realty Corp.'s decision to declare these dividends not only strengthens investor trust but also reflects the company’s commitment to enhancing shareholder value. Such proactive financial strategies are essential for maintaining a robust position within the competitive landscape of commercial real estate investment. As the market evolves, ACRES appears poised to navigate its complexities efficiently, continuing to provide dividends to its investors and fostering growth in commercial real estate sectors.