Recent Updates — LFT
Lument Finance Trust, Inc. completed its previously announced 1-for-10 reverse stock split of common stock effective September 9, 2026. The transaction reduced outstanding shares from approximately 52.6 million to roughly 5.3 million, with fractional shares converted to cash at $6.959 per fraction. Concurrently, the company amended its charter to restore the par value of common stock to $0.01. Lument Finance Trust operates in the commercial real estate debt investment industry.
Lument Finance Trust, Inc. announced a cash dividend of $0.04 per share of common stock and $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock on June 10, 2026. The company also reported the results of its annual meeting of stockholders, where directors were re-elected and KPMG, LLP was ratified as the independent auditor. Lument Finance Trust, Inc. is a finance company that provides credit and financing solutions.