Dividends & Buybacks · · GlobeNewswire
Adamas Trust Declares Q1 Dividend of $0.23 Per Share; Reports GAAP EPS of $0.41
ADAMAdamas Trust, Inc.
Adamas Trust, Inc. reported first quarter 2026 results including GAAP basic earnings per share of $0.41 and Earnings Available for Distribution (EAD) per common share of $0.29. The company declared a quarterly common stock dividend of $0.23 per share. Financial highlights included total net interest income of $48.4 million, up 12.1% quarter-over-quarter, and book value per share of $9.98. Capital activities involved issuing $90.0 million of senior unsecured notes due 2031, redeeming $100.0 million of notes due 2026, and repurchasing 612,464 shares at $8.17 per share. The company operates in the real estate investment and trust sector, focusing on Agency RMBS and business purpose lending.