Lument Finance Trust, Inc. declares quarterly cash dividends on its common and preferred shares and declares a special cash dividend distribution

NEW YORK, December 12, 2024 /PRNevsvire/ — Lument Finance TrustInc. (NISE: LFT) (“LFT” or the “Company”) announced the announcement of a cash dividend of $0.08 per share of common stock in relation to the fourth quarter of 2024. The company also announced the declaration of a one-time special cash dividend of $0.09 per share of common stock due to real estate investment tax consideration. These dividends are paid on January 15, 2025to regular shareholders on the day of cessation of business December 31, 2024.

The company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% of the Series A cumulative redeemable preferred shares. The dividend is paid on January 15, 2025 preferred shareholders who are registered at the end of business January 2, 2025.

About LFT

LFT is a Maryland corporation focused on investing, financing and managing commercial real estate debt portfolios. The company primarily invests in variable rate bridging commercial mortgage loans with an emphasis on middle market multifamily properties. LFT is externally managed and advised Lument Investment Management, LLCa Delaware limited liability company.

Additional information and where to find it

Investors, holders of securities and other interested parties can find additional information about the Company at SEC’s Website at http://www.sec.gov/ or on the company’s website www.lumentfinancetrust.com or by making a request to: Lument Finance Trust, 230 Park Ave20th floor, New York, New York 10169, Attention: Investor Relations.

Forward-looking statements

Certain statements included in this press release are forward-looking statements that are intended to qualify for the safe harbor contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, with changes and additions. Forward-looking statements are subject to risks and uncertainties. You can identify forward-looking statements by using words such as “believe,” “expect,” “anticipate,” “project,” “estimate,” “plan,” “continue,” “intend,” “should.” , “may,” “will,” “seek,” “would,” “could,” or similar expressions or other comparable terms, or discussions of strategy, plans or intentions. Forward-looking statements are based on the Company’s beliefs, assumptions and expectations about its future performance, taking into account all information currently available to the Company as of the date of this press release or the date such statements are first made. Actual results may differ from expectations, estimates and projections. You are cautioned not to place undue reliance on forward-looking statements in this press release and should carefully consider the factors described in Part I, Item IA “Risk Factors” of the Company’s Annual Report on Form 10-K for the year then ended December 31, 2023which is available at SEC’s website at www.sec.govand in other current or periodic filings with SECwhen evaluating these forward-looking statements. Forward-looking statements are subject to significant risks and uncertainties, many of which are difficult to predict and are generally beyond the Company’s control. Except as required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.