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Rithm Property Trust Inc.
Rithm Property Trust Inc. Declares First Quarter 2025 Dividends on Preferred Stock
Business
Apr 21 2025
Less than 1 min read

Rithm Property Trust Inc. Declares First Quarter 2025 Dividends on Preferred Stock

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NEW YORK, April 21, 2025--(BUSINESS WIRE)--Rithm Property Trust Inc. (NYSE: RPT, "Rithm Property Trust" or the "Company") announced today that its Board of Directors (the "Board") has declared a first quarter 2025 dividend on its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series C"). The Board declared a dividend of $0.4937500 per share, which reflects a pro-rata accrual rate of 9.875% from Series C issuance on March 4th to, but not including, the May 15th payment date.

The dividend for the Series C is payable on May 15, 2025, to preferred shareholders of record on May 1, 2025.

About Rithm Property Trust Inc.

Rithm Property Trust is a real estate investment platform externally managed by an affiliate of Rithm Capital Corp. (NYSE: RITM). Rithm Property Trust has historically focused on acquiring, investing in and managing re-performing loans and non-performing loans secured by single-family residences and commercial properties. In connection with its 2024 strategic transaction with Rithm Capital, the Company transitioned to a flexible commercial real estate focused investment strategy. Rithm Property Trust is a Maryland corporation that is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250421857208/en/

Contacts

Rithm Property Trust
Investor Relations
ir@rithmpropertytrust.com
646-868-5483