Claros Mortgage Trust, Inc. Declares Common Stock Dividend
15 September 2023 - 11:33PM
Business Wire
Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or
“CMTG”) declared a dividend of $0.25 per share of common stock for
the third quarter of 2023. One of the Company’s objectives in
declaring the third quarter dividend was to establish a dividend
level believed to be sustainable, assuming that real estate capital
market dislocation continues for the foreseeable future. The
dividend is payable on October 13, 2023 to stockholders of record
as of the close of business on September 29, 2023.
About Claros Mortgage Trust,
Inc. CMTG is a real estate investment trust that is
focused primarily on originating senior and subordinate loans on
transitional commercial real estate assets located in major markets
across the U.S. CMTG is externally managed and advised by Claros
REIT Management LP, an affiliate of Mack Real Estate Credit
Strategies, L.P. Additional information can be found on the
Company’s website at www.clarosmortgage.com.
Forward-Looking Statements
Certain statements contained in this press release may be
considered forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. CMTG intends for
all such forward-looking statements to be covered by the applicable
safe harbor provisions for forward-looking statements contained in
those acts. Such forward-looking statements can generally be
identified by CMTG’s use of forward-looking terminology such as
“may,” “will,” “expect,” “intend,” “anticipate,” “estimate,”
“believe,” “continue,” “seek,” “objective,” “goal,” “strategy,”
“plan,” “focus,” “priority,” “should,” “could,” “potential,”
“possible,” “look forward,” “optimistic,” or other similar words.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. Such statements are subject to certain risks and
uncertainties, including known and unknown risks, which could cause
actual results to differ materially from those projected or
anticipated. Therefore, such statements are not intended to be a
guarantee of CMTG’s performance in future periods. Except as
required by law, CMTG does not undertake any obligation to update
or revise any forward-looking statements contained in this
release.
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version on businesswire.com: https://www.businesswire.com/news/home/20230915735520/en/
Investor Relations: Claros Mortgage Trust, Inc.
Anh Huynh 212-484-0090 cmtgIR@mackregroup.com
Media Relations: Financial Profiles Kelly McAndrew
203-613-1552 Kmcandrew@finprofiles.com
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