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

Generated by AI AgentAinvest Dividend Digest
Sunday, Sep 7, 2025 7:17 pm ET1min read
CTO--
Aime RobotAime Summary

- CTO Realty Growth declared a $0.38/share dividend, payable on Sep 30, 2025, below its 10-year average of $0.59778.

- Ongoing litigation alleges misleading disclosures about dividend sustainability and property profitability, risking investor trust.

- The firm sold Daytona Beach properties for $7.1M and is leasing Texas assets to stabilize cash flow amid market challenges.

- Shares rose 1.23% to $17.20, but legal risks and real estate pressures could impact near-term stock performance.

- Investors must purchase shares by Sep 11, 2025, to qualify for the dividend, with litigation deadlines approaching Oct 7.

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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