2026-03-21 13:41:13
Adamas Trust Declares Quarterly Dividend of $0.23 Per Share and Preferred Stock Dividends
Expected Stock impact: Slightly Positive
On March 19, 2026, Adamas Trust, Inc. (the "Company") announced that its Board of Directors declared a regular quarterly cash dividend of $0.23 per share on its common stock for the quarter ending March 31, 2026. The dividend will be payable on April 28, 2026, to common stockholders of record as of the close of business on March 30, 2026. In addition to the common stock dividend, the Board also declared cash dividends on the Company’s preferred stock, including the 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, the 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, the 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, and the 7.000% Series G Cumulative Redeemable Preferred Stock for the dividend period that began on January 15, 2026, and ends on April 14, 2026. Furthermore, the Company announced the date, time, and location of its 2026 Annual Meeting of stockholders, which will be held virtually on June 11, 2026, at 9:00 a.m. Eastern Time, for stockholders of record as of April 17, 2026. This announcement reflects the Company's commitment to returning value to its shareholders through regular dividends, which is a positive indicator of its financial health and operational stability.
