Dividends & Buybacks ·
Lument Finance Trust, Inc. reported a GAAP net loss attributable to common shareholders of $9.2 million, or $0.18 per…
LFT-PALument Finance Trust, Inc.
Lument Finance Trust, Inc. reported a GAAP net loss attributable to common shareholders of $9.2 million, or $0.18 per share, for the quarter ended June 30, 2026. The company also announced that its Board of Directors unanimously approved a 1-for-10 reverse stock split to regain compliance with New York Stock Exchange listing requirements. This split is expected to become effective at 5:00 pm Eastern Time on September 9, 2026, reducing the number of issued and outstanding common shares from approximately 52.5 million to 5.3 million. The company operates in the commercial real estate finance industry, primarily investing in transitional floating rate commercial mortgage loans.