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InPoint Commercial Real Estate Income, Inc., a Maryland-based real estate investment trust (REIT), announced on Thursday that its Board of Directors has approved cash distributions for its common stock and a dividend for its preferred stock.
Stockholders of record as of February 28, 2025, will receive a gross distribution for various classes of common stock, with amounts per share as follows: Class A, D, I, and P will receive $0.1042, while Class T will receive $0.1042 before servicing fees, resulting in a net distribution of $0.0934. These cash distributions are scheduled to be paid on March 18, 2025.
Additionally, the company declared a quarterly dividend for its 6.75% Series A Cumulative Redeemable Preferred Stock (NYSE: ICR PR A), which trades on the New York Stock Exchange. Holders of the preferred stock on record as of March 15, 2025, will receive a dividend of $0.421875 per share, payable on March 28, 2025.
InPoint Commercial Real Estate Income, Inc. specializes in commercial real estate investments and operates within the REIT industry. The company’s distributions and dividends are a routine part of its operations, providing returns to investors based on the performance and earnings of its real estate portfolio.
The information in this article is based on the latest SEC filing by InPoint Commercial Real Estate Income, Inc. and does not include any speculative content or forward-looking statements. The company’s forward-looking statements in the SEC filing caution investors about potential risks and uncertainties that could affect actual results, emphasizing the importance of not placing undue reliance on these predictions.
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