CMTG dividend yield calculator – Claros Mortgage Trust Announces Cash Dividend of 0.37
March 18, 2023
Dividends Yield
Claros Mortgage Trust ($NYSE:CMTG) Inc. (CLAROS) has announced a cash dividend of 0.37 on March 17, 2023. CLAROS has been paying a steady annual dividend of 1.48 USD per share over the last 3 years and has a dividend yield of 8.7% for the period of 2022 to 2023. As a result, this cash dividend is an attractive investment for those looking for dividends. The ex-dividend date for the cash dividend is March 30, 2023, so investors who buy before that date will receive the dividend. Further, CLAROS is focused on providing mortgage products and services with a variety of loan programs and competitive pricing to meet the needs of customers.
The company’s long-term business strategy is to grow through organic growth and acquisition of complementary businesses. Therefore, investors should take into account their own financial situation and risk profile before investing in CLAROS MORTGAGE TRUST. In conclusion, the cash dividend announced by CLAROS MORTGAGE TRUST might be worth considering if you are looking for dividends but remember to do your own research and understand the risks involved before investing in CLAROS MORTGAGE TRUST.
Share Price
The stock opened at $11.6 and closed at $11.5, a decrease of 2.4% from its prior closing price of $11.8. Investors will have to bear in mind the decrease in share price before deciding whether to reinvest their dividend payments or not. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CMTG. More…
| Total Revenues | Net Income | Net Margin |
| 309.66 | 109.67 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CMTG. More…
| Operations | Investing | Financing |
| 111.03 | -773.3 | 676.3 |
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 |
| 8.24k | 5.79k | 17.75 |
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 |
| – | – | – |
Analysis – CMTG Intrinsic Value
At GoodWhale, we have performed an assessment of CLAROS MORTGAGE TRUST’s fundamentals. Our proprietary Valuation Line has calculated that the fair value of a CLAROS MORTGAGE TRUST share is approximately $21.1. Currently, CLAROS MORTGAGE TRUST stock is traded at $11.5, meaning it is undervalued by 45.4%. We believe this provides an opportunity for investors to take advantage of this mispricing and earn a potential return on investment. More…
Peers
The mortgage industry is a very competitive market. There are many different companies that offer mortgage products and services. Claros Mortgage Trust Inc is one of these companies. They compete against Seven Hills Realty Trust, Franklin BSP Realty Trust Inc, and Koramco The One Reit. Each company offers different mortgage products and services. Claros Mortgage Trust Inc offers a wide variety of mortgage products and services. They have a variety of mortgage products that are tailored to meet the needs of their customers. They also offer a wide range of mortgage services that are designed to help their customers save money and time.
– Seven Hills Realty Trust ($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
Investors looking for a reliable dividend are likely to be interested in CLAROS MORTGAGE TRUST. The company has paid an annual dividend of 1.48 USD per share over the past 3 years and currently offers a yield of 8.7%. This suggests a stable dividend and provides investors with an attractive return on their investment. CLAROS MORTGAGE TRUST may be an attractive option for investors seeking a high dividend yield, as well as those looking for an income with a consistent payment structure.
