CMTG dividend calculator – Claros Mortgage Trust Declares Dividend of $0.25 Per Share
December 16, 2023
☀️Trending News
The Claros Mortgage Trust ($NYSE:CMTG) is a publicly-traded real estate investment trust that specializes in the acquisition, financing and management of a diverse range of commercial and residential mortgage-backed securities. The company has recently declared a dividend of $0.25 per share. This marks a significant increase from the current dividend rate and is expected to benefit its shareholders in the long run. This dividend is expected to be an ongoing one, with the company planning to declare future dividends on a quarterly basis. Investors should note that dividends are subject to change and are not guaranteed.
The Claros Mortgage Trust has established a strong track record of dividend growth and is expected to continue its success in the years to come. The company has outperformed its peers over the past few years, consistently providing its shareholders with attractive returns and dividend payments. With this recent dividend announcement, investors can look forward to further growth in the future.
Dividends – CMTG dividend calculator
This dividend yield of 10.68% for 2021 is higher than the average yields of 8.7% and 2.2% for 2022 and 2023 respectively. When averaged together, the three-year dividend yield for CLAROS MORTGAGE TRUST stands at 7.19%. This makes it a potential option for investors looking for dividend stocks.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CMTG. More…
| Total Revenues | Net Income | Net Margin |
| 293.53 | -54.54 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CMTG. More…
| Operations | Investing | Financing |
| 103.86 | -29.95 | -6.02 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CMTG. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.05k | 5.75k | 16.56 |
Key Ratios Snapshot
Some of the financial key ratios for CMTG are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Stock Price
The announcement was made on Friday, with the stock opening at $14.5 and closing at the same price, registering a 0.9% gain from the previous closing price of $14.4. Live Quote…
Analysis – CMTG Stock Fair Value
At GoodWhale, we have conducted an analysis of CLAROS MORTGAGE TRUST’s financials. According to our proprietary Valuation Line, we estimate the fair value of CLAROS MORTGAGE TRUST share to be around $11.1. However, the current stock price of CLAROS MORTGAGE TRUST is traded at $14.5, which is overvalued by 31.0%. More…
Peers
The mortgage industry is a very competitive market. There are many different companies that offer mortgage products and services. Claros Mortgage Trust Inc is one of these companies. They compete against Seven Hills Realty Trust, Franklin BSP Realty Trust Inc, and Koramco The One Reit. Each company offers different mortgage products and services. Claros Mortgage Trust Inc offers a wide variety of mortgage products and services. They have a variety of mortgage products that are tailored to meet the needs of their customers. They also offer a wide range of mortgage services that are designed to help their customers save money and time.
– Seven Hills Realty Trust ($NASDAQ:SEVN)
Seven Hills Realty Trust is a real estate investment trust that owns and operates a portfolio of properties in the United States. The company has a market cap of $136.21 million as of 2022. Seven Hills Realty Trust’s portfolio includes office, retail, and industrial properties. The company was founded in 1992 and is headquartered in Boston, Massachusetts.
– Franklin BSP Realty Trust Inc ($NYSE:FBRT)
Franklin BSP Realty Trust Inc is a real estate investment trust that owns and operates office and retail properties in the United States. As of December 31, 2020, the company owned and operated approximately 36.2 million square feet of office space and 3.4 million square feet of retail space. The company was founded in 1997 and is headquartered in Boston, Massachusetts.
– Koramco The One Reit ($KOSE:417310)
Koramco The One Reit is a 82.29B market cap company that invests in a portfolio of real estate assets in the Greater China region. The company’s objective is to generate long-term, stable and growing distributions to unit holders from its portfolio.
Summary
Claros Mortgage Trust (CMT) is a publicly-traded mortgage REIT that is focused on investing in U.S. residential mortgage-backed securities. CMT recently declared a quarterly dividend of $0.25 per common share, offering investors a reliable source of income. For those seeking short-term investments, CMT offers a relatively safe option due to mortgage-backed securities being a low-risk asset class, as well as the reliability of the dividend payment. Long-term investors may benefit from CMT’s potential capital appreciation as interest rates rise and mortgage-backed securities increase in value.
Risk can be minimized through diversification across multiple asset classes and/or REITs. Investors should be aware that CMT is subject to fluctuations in interest rates and other economic conditions, which may impact dividend payments and other returns.
