
ACRES Commercial Realty Corp. (ACR)
ACRES Commercial Realty Corp. (ACR) is a real estate investment trust (REIT) focused on acquiring, owning, and managing a diversified portfolio of commercial properties, primarily in the United States. The company concentrates on retail, office, and industrial assets, aiming to generate stable cash flows and value appreciation through strategic property management and acquisitions.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| January 28, 2020 | $0.28 | 2019-12-30 | 2019-12-31 |
| October 25, 2019 | $0.25 | 2019-09-27 | 2019-09-30 |
| July 26, 2019 | $0.23 | 2019-06-27 | 2019-06-28 |
| April 26, 2019 | $0.20 | 2019-03-28 | 2019-03-29 |
| January 25, 2019 | $0.17 | 2018-12-28 | 2018-12-31 |
Dividends Summary
- ACRES Commercial Realty Corp. has issued 57 dividend payments over the past 14 years
- The most recent dividend was paid 2096 days ago, on January 28, 2020
- The highest dividend payed out to investors during this period was $0.64 per share
- The average dividend paid during this period was $0.26 per share.
Company News
ACRES Commercial Realty Corp. announced cash dividend payments for its 8.625% Series C and 7.875% Series D Cumulative Redeemable Preferred Stock, with dividends payable on October 30, 2025, to shareholders of record on October 1, 2025.
REITs are shifting their focus from dividends to growth strategies, benefiting from a refinancing boom and offering stability and growth potential amid economic uncertainty.
Acres, a land intelligence platform, has partnered with LandLeader, a network of real estate professionals specializing in farm, ranch, and recreational properties. The partnership aims to provide LandLeader's clients with access to Acres' comprehensive data solutions, enabling informed and expedient decisions in the land transaction process.
ASGN, AMWD and ACR have been added to the Zacks Rank #5 (Strong Sell) List on June 5, 2024.
ACRES Commercial Realty's focus on multifamily loans means it's less exposed to office real estate. Learn more about ACR stock and its preferreds.