Adamas Trust

The board of directors of Adamas Trust declared a regular quarterly cash dividend of $0.27 per common share for the quarter ended June 30, 2026; payable July 28, 2026, with a record date of June 23, 2026. The payout corresponds to a dividend yield of 10.23%. Cash dividends were also set for preferred stock series D, E, F and G at $0.50, $0.6549289, $0.4296875 and $0.4375 respectively; the record date for these is July 1, 2026, and the payable date is July 15, 2026. Adamas Trust is an internally managed REIT; the common share trades at $9.11 and is near its 52-week high, having risen 34.55% over six months. » Więcej na de.investing.com

Adamas Trust reported GAAP earnings of $0.41 per share and an EAD of $0.29 per share for Q1 2026, representing a 45% year‑over‑year increase in EAD. The managed portfolio grew 31% to $10.9 billion, driven by Agency RMBS and business purpose loans, including $1.8 billion from BPL rental loans. Adjusted book value per share rose to $10.80; the stock traded markedly higher pre‑market but remains valued at about a 25–32% discount to adjusted book value. Management cites scaling the originations platform Constructive, disciplined investing, and closing the valuation gap as priorities for 2026. » Więcej na de.investing.com

Adamas Trust reported a GAAP net income of $41.6 million ($0.46 per share) for Q4 2025 and achieved a 2025 economic return on GAAP book value of 12.72%. The company completed the acquisition of Constructive, expanded its loan book and portfolio (Agency-RMBS to $6.6 billion), and said Constructive is expected to contribute positively to distributable earnings. The stock rose 2.61% in premarket trading; Adamas is targeting mid- to high‑teens returns for 2026 and expects adjusted book value to rise 3–4% in Q1. Remaining risks include interest-rate volatility, regulatory changes, and competitive pressure in the lending market. » Więcej na de.investing.com