Claros Mortgage Trust pauses common stock dividend

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Claros Mortgage Trust ( NYSE: CMTG ) on Monday said its Board of Directors suspended the company’s quarterly dividend on its common stock, commencing with the fourth quarter dividend that would have otherwise been paid in January 2025. CMTG paid three regular quarterly dividends during the year totaling $0.60 per share of common stock, which exceeds its 2024 taxable income estimate.

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