Cim commercial trust corporation declares quarterly cash dividend on common stock, series a preferred stock and declares annual cash dividend, payable on december 27, 2019, january 15, 2020 and january 16, 2020 respectively
Cim commercial trust corporation announced that its board of directors has declared a quarterly cash dividend of $0.075 per common share. the dividend will be paid on december 27, 2019 to shareholders of record at the close of business on december 13, 2019.in addition, the board of directors has declared a quarterly cash dividend of $0.34375 per share of cmct's series a preferred stock. for shares issued during the fourth quarter of 2019, the dividend will be prorated from the time of issuance. the dividend will be payable on january 15, 2020 to holders of record at the close of business on january 5, 2020.further, the board of directors has declared an annual cash dividend of $1.56035 per share of cmct’s series l preferred stock. the dividend will be payable on january 16, 2020 to holders of record at the close of business on december 31, 2019.
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