Ladder Capital Corp Announces Second Quarter Dividend of $0.23 per Share
Ladder Capital Corp (NYSE: LADR) has declared a second quarter 2024 dividend of $0.23 per share of Class A common stock.The dividend will be payable on July 15, 2024 to stockholders of record as of June 28, 2024.With $5.3 billion of assets as of March 31, 2024, Ladder Capital Corp is an internally-managed commercial real estate investment trust.
As of the writing of this article, Ladder Capital Corp’s 12 Months dividend payout ratio for the first quarter 2024 increased to 122.51, demonstrating the company’s commitment to shareholders.Compared to its peers in the Financial sector, Ladder Capital Corp ranks higher than 35 companies in the fourth quarter 2023.While 64 companies had higher 12 Months dividend payout ratios, Ladder Capital Corp continues to show strong performance.
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