$0.13 dividends will be a reality for CIM Commercial Trust Corporation (NASDAQ:CMCT)’s shareholders on Dec 28, 2017.

December 19, 2017 - By Ellis Scott

 $0.13 dividends will be a reality for CIM Commercial Trust Corporation (NASDAQ:CMCT)'s shareholders on Dec 28, 2017.

CIM Commercial Trust Corporation (NASDAQ:CMCT) is expected to pay $0.13 on Dec 28, 2017. The indicated annual dividend is $0.50. Shareholders owning the stock before Dec 20, 2017 will be eligible to receive the payout. Based on CIM Commercial Trust Corporation’s current price of $19.55, the dividend is 0.64 %. This dividend’s record date is Dec 21, 2017 and the announcement date is Dec 6, 2017. The stock increased 0.26% or $0.05 during the last trading session, reaching $19.55. About 12,956 shares traded. CIM Commercial Trust Corporation (NASDAQ:CMCT) has declined 14.31% since December 19, 2016 and is downtrending. It has underperformed by 31.01% the S&P500.

CIM Commercial Trust Corporation is a publicly owned real estate investment trust. The company has market cap of $1.13 billion. The firm invests in the real estate markets of United States. It has a 4.19 P/E ratio. It also engages in lending activities.

More notable recent CIM Commercial Trust Corporation (NASDAQ:CMCT) news were published by: Businesswire.com which released: “CIM Commercial Trust Corporation Announces the Results of the Tender Process …” on November 20, 2017, also Businesswire.com with their article: “CIM Commercial Trust Announces Private Repurchase of 14090909 Shares and …” published on December 19, 2017, Therealdeal.com published: “CIM Group to join Tel Aviv Stock Exchange to issue stock” on May 23, 2017. More interesting news about CIM Commercial Trust Corporation (NASDAQ:CMCT) were released by: Businesswire.com and their article: “CIM Commercial Trust Corporation Announces Successful Offering of Series L …” published on November 27, 2017 as well as Businesswire.com‘s news article titled: “CIM Commercial Trust Declares Common and Series A Preferred Stock Dividends” with publication date: November 27, 2017.

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