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Rithm Property Trust Inc. Declares First Quarter 2025 Dividends on Preferred Stock

1. Rithm Property Trust declared a $0.49375 dividend on Series C Preferred Stock. 2. Dividend reflects a 9.875% rate from issuance date to payment date.

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FAQ

Why Bullish?

The declaration of dividends can signal financial health, often attracting new investors. RPT's preferred stock dividend may lead to increased market confidence, reminiscent of past increases in stock value following dividend announcements.

How important is it?

The dividend announcement is a key financial indicator, affecting investor perceptions and market behavior. A stable dividend from a real estate trust can enhance trust and stability in volatile markets.

Why Short Term?

The immediate effect will likely be seen in stock demand and price around the dividend payment date. Historically, such announcements lead to short-term price increases as investors buy in for yield.

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RPTNRZBXMT
NEW YORK--(BUSINESS WIRE)--Rithm Property Trust Inc. (NYSE: RPT, “Rithm Property Trust” or the “Company”) announced today that its Board of Directors (the “Board”) has declared a first quarter 2025 dividend on its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series C”). The Board declared a dividend of $0.4937500 per share, which reflects a pro-rata accrual rate of 9.875% from Series C issuance on March 4th to, but not including, the May 15th payment date. The.

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