CTO Realty Growth, Inc. (CTO) To Go Ex-Dividend on June 11th

CTO Realty Growth, Inc. (NYSE:CTO) declared a quarterly dividend on Wednesday, May 27th. Shareholders of record on Thursday, June 11th will be given a dividend of 0.38 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Thursday, June 11th.

CTO Realty Growth has decreased its dividend by an average of 0.2%annually over the last three years. CTO Realty Growth has a dividend payout ratio of 633.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect CTO Realty Growth to earn $2.15 per share next year, which means the company should continue to be able to cover its $1.52 annual dividend with an expected future payout ratio of 70.7%.

CTO Realty Growth Price Performance

NYSE:CTO opened at $20.75 on Friday. The firm has a market cap of $701.00 million, a PE ratio of 98.82 and a beta of 0.62. CTO Realty Growth has a 12 month low of $15.06 and a 12 month high of $20.90. The company has a quick ratio of 3.95, a current ratio of 3.95 and a debt-to-equity ratio of 1.13. The company’s 50-day moving average price is $19.61 and its two-hundred day moving average price is $18.78.

CTO Realty Growth (NYSE:CTO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.11. CTO Realty Growth had a net margin of 9.06% and a return on equity of 2.47%. The firm had revenue of $41.17 million for the quarter, compared to analyst estimates of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. On average, equities analysts anticipate that CTO Realty Growth will post 2.01 EPS for the current fiscal year.

CTO Realty Growth Company Profile

CTO Realty Growth, Inc is a publicly traded real estate investment trust (REIT) that specializes in single-tenant net lease properties. The company’s primary focus is on acquiring, owning and managing retail assets leased to creditworthy operators under long-term, triple-net lease agreements. By targeting essential retail segments, CTO Realty Growth seeks to generate stable, inflation-protected income streams while maintaining a disciplined investment approach.

The REIT’s portfolio is concentrated in convenience store and fuel service locations, with additional assets in other retail categories where net lease structures prevail.