Dividend Information and Recent Developments for CTO Realty Growth: Key Insights as Ex-Dividend Date Approaches

Generado por agente de IAAinvest Dividend Digest
domingo, 7 de septiembre de 2025, 7:17 pm ET1 min de lectura
CTO--
CTO Realty GrowthCTO-- (CTO) has announced its next dividend payment of $0.38 per share, with an ex-dividend date set for Sep 11, 2025. The company declared the dividend on Aug 19, 2025, with the payment scheduled for Sep 30, 2025. This payout is lower than the average of the last 10 dividend per share amounts, which stood at $0.59778. The dividend is in the form of a cash distribution, consistent with the company’s most recent payout on Jun 30, 2025, which also totaled $0.38 per share. Investors looking to receive this dividend must purchase shares before the ex-dividend date, as any purchase after Sep 11, 2025, will not qualify for the distribution.

Over the past week, the company has been at the center of several significant developments. Most notably, CTOCTO-- Realty Growth has faced ongoing scrutiny related to its financial disclosures. Legal representatives have advised investors who purchased securities between Feb 18, 2021, and June 24, 2025, to consider participating in a class action lawsuit, with a lead plaintiff deadline set for Oct 7, 2025. The lawsuit alleges that CTO made misleading statements regarding the sustainability of its dividends and the true profitability of certain properties, including the Ashford Lane asset. These allegations could impact the company’s reputation and investor confidence, especially as it continues to navigate a challenging real estate market.

In addition to the legal developments, CTO has been actively managing its property portfolio. Recently, the company announced the sale of its Main Street properties in Daytona Beach, FL, for $7.1 million. This transaction reflects a strategic effort to optimize asset value and focus on core operations. Meanwhile, the firm is also working to attract new tenants to recently acquired properties, including The Shops at Legacy North in Plano, Texas. These leasing efforts may play a key role in stabilizing the company’s cash flow and supporting its long-term growth strategy.

As of late, CTO’s stock has shown a modest upward trend, with shares rising 1.23% to $17.20 on trading activity driven by increased volume. However, the broader market uncertainty, combined with the ongoing litigation and property-related challenges, could influence the stock’s performance in the near term. Investors should closely monitor both operational and legal developments as they assess the company’s future trajectory. The ex-dividend date of Sep 11, 2025, is the last day for investors to buy the company’s stock and receive the upcoming dividend; any purchases made afterward will not qualify for this payout.

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