Take advantage of stock screen strategies from independent third-party experts to research stocks, ETFs, and options, or create your own screens using over
This declaration reflects a 9.1% increase in Ladder’s recurring quarterly cash dividend, effective in the current quarter, to $0.30 per share from $0.275 per share.
Ladder is an internally-managed real estate investment trust that is a leader in commercial real estate finance. Ladder originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. Ladder’s investment activities include: (i) direct origination of commercial real estate first mortgage loans; (ii) investments in investment grade securities secured by first mortgage loans on commercial real estate; and (iii) investments in net leased and other commercial real estate equity. Founded in 2008, Ladder is run by a highly experienced management team with extensive expertise in all aspects of the commercial real estate industry, including origination, credit, underwriting, structuring, capital markets and asset management. Led by Brian Harris, the Company’s Chief Executive Officer, Ladder is headquartered in New York City and has branches in Los Angeles and Boca Raton.
The total number of shares of Class A common stock to be distributed pursuant to the fourth quarter 2016 dividend will be determined based on stockholder elections and the volume weighted average price per share of Class A common stock on the New York Stock Exchange for the three trading days after the date that election forms are due. Shares of Class A common stock distributed as part of Ladder’s fourth quarter 2016 dividend shall accrue dividend and other benefits together with all other shares of Ladder’s Class A common stock.