Adamas Trust's Performance: 12% Yield With Commons Trading at 75% of the Dollar Value, Recent Earnings Beat and Dividend Hike

Adamas Trust (ADAM) recently changed its name, increased its common share dividend, and beat EPS expectations for Q3 fiscal 2025. The mREIT has expanded its asset base significantly this year, with residential loans at fair value increasing to $1.1 billion from $655 million. Its Series G preferred stock is trading at 75 cents on the dollar, offering a 12% yield.