CIM Commercial Trust's last quarterly dividend payment of $0.085 per share was made to shareholders on record before Apr 5, 2024. The dividend payment stands at $0.34 per share annually, which equates to a dividend yield of 10.15%.
CMCT has a dividend yield of 10.15% which is higher than the Real Estate sector, the industry and its peers average. If we compare it with the Real Estate sector average of 6.4%, CIM Commercial Trust's dividend yield is 59% higher. Historically CMCT's dividend yield has averaged at 5.4% in the last 5 years, which is less than the current one.
CIM Commercial Trust has been paying dividends for the last 29 years. According to our records CMCT has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price down by 26% from a year ago, the dividend yield marks an increase of 36%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 5, 2024 | Apr 22, 2024 | Mar 27, 2024 | $0.085 | normal |
| Dec 29, 2023 | Jan 16, 2024 | Dec 20, 2023 | $0.085 | normal |
| Oct 5, 2023 | Oct 23, 2023 | Sep 27, 2023 | $0.085 | normal |
| Jul 7, 2023 | Jul 24, 2023 | Jun 27, 2023 | $0.085 | normal |
| Mar 29, 2023 | Apr 11, 2023 | Mar 20, 2023 | $0.085 | normal |
| Dec 23, 2022 | Jan 9, 2023 | Dec 15, 2022 | $0.085 | normal |
| Sep 30, 2022 | Oct 17, 2022 | Sep 22, 2022 | $0.085 | normal |
| Jun 16, 2022 | Jul 5, 2022 | Jun 10, 2022 | $0.085 | normal |
| Mar 17, 2022 | Apr 1, 2022 | Mar 8, 2022 | $0.085 | normal |
| Dec 17, 2021 | Jan 5, 2022 | Dec 9, 2021 | $0.075 | normal |
| Sep 16, 2021 | Sep 29, 2021 | Sep 7, 2021 | $0.075 | normal |
| Jun 16, 2021 | Jun 30, 2021 | Jun 7, 2021 | $0.075 | normal |
| Mar 12, 2021 | Mar 30, 2021 | Mar 5, 2021 | $0.075 | normal |
| Dec 11, 2020 | Dec 29, 2020 | Dec 2, 2020 | $0.075 | normal |
| Sep 11, 2020 | Sep 29, 2020 | Sep 2, 2020 | $0.075 | normal |
| Jun 12, 2020 | Jun 29, 2020 | Jun 3, 2020 | $0.075 | normal |
| Mar 12, 2020 | Mar 25, 2020 | Mar 2, 2020 | $0.075 | normal |
| Dec 12, 2019 | Dec 27, 2019 | Dec 3, 2019 | $0.075 | normal |
| Sep 5, 2019 | Sep 18, 2019 | Aug 8, 2019 | $0.075 | normal |
| Sep 3, 2019 | Aug 30, 2019 | Aug 8, 2019 | $14 | special |
| Jun 13, 2019 | Jun 27, 2019 | Jun 4, 2019 | $0.375 | normal |
| Mar 5, 2019 | Mar 25, 2019 | Feb 20, 2019 | $0.375 | normal |
| Dec 13, 2018 | Dec 27, 2018 | Dec 4, 2018 | $0.375 | normal |
| Sep 4, 2018 | Sep 25, 2018 | Aug 22, 2018 | $0.375 | normal |
| Jun 14, 2018 | Jun 28, 2018 | Jun 4, 2018 | $0.375 | normal |
| Mar 15, 2018 | Mar 29, 2018 | Mar 6, 2018 | $0.375 | normal |
| Dec 28, 2017 | Jan 11, 2018 | Dec 18, 2017 | $0.84 | special |
| Dec 20, 2017 | Dec 28, 2017 | Dec 6, 2017 | $0.375 | normal |
| Sep 15, 2017 | Sep 25, 2017 | Sep 7, 2017 | $0.375 | normal |
| Jun 16, 2017 | Jun 27, 2017 | Jun 12, 2017 | $5.94 | special |
| Jun 16, 2017 | Jun 27, 2017 | Jun 12, 2017 | $0.375 | normal |
| Apr 12, 2017 | Apr 24, 2017 | Apr 5, 2017 | $0.84 | special |
| Mar 16, 2017 | Mar 27, 2017 | Mar 8, 2017 | $0.657 | normal |
| Dec 14, 2016 | Dec 23, 2016 | Dec 6, 2016 | $0.657 | normal |
| Sep 20, 2016 | Sep 28, 2016 | Sep 12, 2016 | $0.657 | normal |
| Jun 17, 2016 | Jun 28, 2016 | Jun 9, 2016 | $0.657 | normal |
| Mar 17, 2016 | Mar 29, 2016 | Mar 8, 2016 | $0.657 | normal |
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BXMT Blackstone Mortgage Trust Inc | 13.85% | $2.48 | 6,200% |
| CMCT CIM Commercial Trust Corp | 10.15% | $0.34 | N/A |
| DEA Easterly Government Properties Inc | 9.07% | $1.06 | 557.9% |
| LXP Lexington Realty Trust | 6.01% | $0.51 | 637.5% |
Yes, CIM Commercial Trust has paid four dividends in the last 12 months. CMCT has been paying dividends since 1995.
CMCT hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in July 2024.
CIM Commercial Trust's last regular dividend was on Apr 5, 2024 (ex-date) with the amount of $0.085 per share.
On an annual basis CMCT pays $0.34 per share.
The current dividend yield of CIM Commercial Trust is 10.15%.
CIM Commercial Trust pays dividends quarterly.
CIM Commercial Trust's dividend yield is more than the Real Estate sector average.