Lument Finance Trust, Inc.

Lument Finance Trust announced the declaration of quarterly cash dividends for both its common and preferred stock. The company will pay a $0.04 per share dividend for common stock and $0.4921875 per share for its Series A Preferred Stock, both payable on July 15, 2026. Additionally, at its Annual Meeting, stockholders re-elected six directors, approved executive compensation on an advisory basis, and ratified KPMG, LLP as the independent auditor for 2026.

Lument Finance Trust reported its first quarter 2026 financial results, with a GAAP net loss attributable to common shareholders of $1.0 million, or $0.02 per share. However, distributable earnings for the quarter were $1.1 million, or $0.02 per share. The company also declared a cash dividend of $0.04 per share of common stock and maintained a stable leverage ratio of 4.6x. The investment portfolio continues to focus on multifamily assets, comprising 92.6% of the total.

Lument Finance Trust reported a net income of $206,583 for the first quarter of 2026, a notable improvement from a net loss in the prior year. However, the net loss attributable to common stockholders was $(978,375), or $(0.02) per share. The company's total assets and liabilities both decreased, while dividends declared per common share were reduced to $0.04.

Lument Finance Trust, Inc. announced its 2026 Annual Meeting of Stockholders will take place virtually on June 10, 2026. Stockholders will vote on the election of six director nominees, an advisory resolution to approve executive compensation, and the ratification of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. The record date for voting is April 14, 2026, and proxy materials were distributed on April 30, 2026.