CTO Realty Growth announced a 150% increase in its quarterly cash dividend to $1.00 per share for the fourth quarter of 2020, up from $0.40 per share. This increase represents an annualized yield of approximately 9.5% based on the closing stock price on October 27, 2020.
The quarterly cash dividend increased to $1.00 per share.
The dividend is payable on November 30, 2020, to shareholders of record as of November 16, 2020.
The dividend increase represents a 150% rise from the previous quarter.
The annualized yield is approximately 9.5% based on the October 27, 2020 closing stock price.
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