LUMENT FINANCE TR. DL-,01

Lument Finance Trust recorded a GAAP net loss of $9.2 million ($0.18 per share) and a distributable loss of $5.3 million ($0.10 per share) in the second quarter of 2026. The board approved a 1-for-10 reverse stock split to take effect on September 9, 2026, which is expected to reduce outstanding shares from about 52.5 million to roughly 5.3 million. Fractions will be settled in cash and brokerage accounts will be adjusted automatically; trading in the post-split shares is expected to continue under the ticker LFT starting September 10. A conference call to discuss the results is scheduled for tomorrow at 8:30 a.m. ET. » Plus sur de.investing.com

The New York Stock Exchange notes that the Lument Finance Trust share traded below $1.00 for 30 consecutive trading days. The stock will remain listed until January 24, 2027, while the company has six months to cure the deficiency. Lument is considering measures such as a reverse stock split and will notify the NYSE of its intent to regain compliance with the minimum bid price requirement. » Plus sur de.investing.com

Lument Finance Trust announced a Q2 2026 cash dividend of $0.04 per common share, payable July 15, 2026 to shareholders of record on June 30, 2026. For the 7.875% cumulative, callable series A preferred shares, a cash dividend of $0.4921875 per share will be paid on July 15, 2026 to preferred shareholders of record on July 1, 2026. According to InvestingPro data, this corresponds to a dividend yield of about 15.69% and highlights the company’s 14-year dividend payment record. Lument Finance Trust primarily invests in floating-rate bridge loans for commercial multifamily properties and is externally managed by Lument Investment Management. » Plus sur de.investing.com