Lument Finance Trust, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $25.9M
- Price
- $4.93
- % Change (Daily % change from the live per-ticker quote feed.)
- -3.14%
- Volume
- 11.7K
About
Lument Finance Trust, Inc. functions as a real estate investment trust (REIT) with a core business centered on acquiring, financing, and managing a diverse portfolio of commercial real estate (CRE) debt investments throughout the United States. The company's primary focus lies in transitional floating-rate commercial mortgage loans, particularly those secured by middle-market multi-family assets. Beyond these, it also strategically invests in a variety of other CRE-related debt products, including mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), fixed-rate loans, and construction financing. As a formally qualified REIT under the Internal Revenue Code of 1986, Lument Finance Trust, Inc. benefits from a significant tax advantage: it is exempt from federal income taxes provided it distributes at least 90% of its taxable earnings to its shareholders. The firm underwent a name change in December 2020, having previously been known as Hunt Companies Finance Trust, Inc. Incorporated in 2012, its corporate headquarters are situated in New York, New York.
Quick stats
Shares outstanding5.3M
Computed float3.1M
Float / shares58.3%
Key info
SectorReal Estate
IndustryREIT - Mortgage
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001547546
AI Summary
AI-generated1/15
standardbearishdividend
Lument Finance Trust Suspends Common Stock Dividend, and Declares Q3 Preferred Stock Dividend
Lument Finance Trust's Board suspended the quarterly common stock dividend beginning with the Q3 2026 distribution that would otherwise have been paid in October 2026.
The company paid $0.08 per share in common dividends during the first half of 2026 on a pre-reverse-split basis ($0.80 post-split), an amount that exceeded its REIT taxable income, and management does not anticipate needing additional common distributions to meet 2026 REIT requirements.
The Board separately declared a $0.4921875 per share cash dividend on the 7.875% Series A Preferred Stock, payable October 15, 2026 to holders of record as of October 1.
CEO James Flynn framed the move as preserving capital and maintaining flexibility, and the Board will keep evaluating the dividend policy based on portfolio performance, taxable income and liquidity.
Red flags
- Common dividend suspended — H1 2026 distributions already exceeded REIT taxable income
- Management explicitly does not expect to need further 2026 common distributions, implying weak taxable income trajectory
- Release references a post-reverse-split share basis, indicating a recent reverse split and prior listing/valuation pressure
- No reinstatement timeline given; future dividends contingent on portfolio performance and liquidity