{"id":404015,"date":"2020-12-21T16:08:20","date_gmt":"2020-12-21T21:08:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404015"},"modified":"2020-12-21T16:08:20","modified_gmt":"2020-12-21T21:08:20","slug":"exantas-capital-corp-declares-quarterly-cash-dividends-for-series-c-preferred-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/exantas-capital-corp-declares-quarterly-cash-dividends-for-series-c-preferred-stock\/","title":{"rendered":"Exantas Capital Corp. Declares Quarterly Cash Dividends for Series C Preferred Stock"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n WESTBURY, N.Y.<\/span>, Dec. 21, 2020<\/span> \/PRNewswire\/ — Exantas Capital Corp.\u00a0(NYSE:XAN) (the “Company”) announced today that its Board of Directors declared a cash dividend on its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock for the period from\u00a0October 31, 2020\u00a0through and including\u00a0January 30, 2021\u00a0in the amount of\u00a0$0.5390625\u00a0per share. The dividend will be paid on\u00a0February 1, 2021\u00a0to holders of record on\u00a0January 4, 2021.<\/p>\n

\n About Exantas Capital Corp.<\/b>\n <\/p>\n

Exantas Capital Corp. is a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate mortgage loans and other commercial real estate-related debt investments. The Company is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp., a private commercial real estate lender exclusively dedicated to nationwide middle market CRE lending with a focus on multifamily, student housing, hospitality, office and independent senior living in top US markets. For more information, please visit the Company’s website at\u00a0www.exantas.com<\/a><\/b>\u00a0or contact investor relations at\u00a0IR@exantas.com<\/a><\/b>.<\/p>\n

\n Forward-Looking Statements<\/b>\n <\/p>\n

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “may,” “trend,” “will,” “continue,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “look forward” or other similar words or terms. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. Factors that can affect future results are discussed in the documents filed by\u00a0the Company\u00a0from time to time with the\u00a0Securities and Exchange Commission.\u00a0The Company\u00a0undertakes no obligation to update or revise any forward-looking statement to reflect new or changing information or events after the date hereof or to reflect the occurrence of unanticipated events, except as may be required by law.<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/exantas-capital-corp-declares-quarterly-cash-dividends-for-series-c-preferred-stock-301197074.html<\/a><\/p>\n

SOURCE Exantas Capital Corp.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire WESTBURY, N.Y., Dec. 21, 2020 \/PRNewswire\/ — Exantas Capital Corp.\u00a0(NYSE:XAN) (the “Company”) announced today that its Board of Directors declared a cash dividend on its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock for the period from\u00a0October 31, 2020\u00a0through and including\u00a0January 30, 2021\u00a0in the amount of\u00a0$0.5390625\u00a0per share. The dividend will be paid on\u00a0February 1, 2021\u00a0to holders of record on\u00a0January 4, 2021. About Exantas Capital Corp. Exantas Capital Corp. is a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate mortgage loans and other commercial real estate-related debt investments. The Company is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp., a private commercial real estate lender exclusively dedicated … <\/p>\n

Continue reading “Exantas Capital Corp. Declares Quarterly Cash Dividends for Series C Preferred Stock”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404015","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nExantas Capital Corp. Declares Quarterly Cash Dividends for Series C Preferred Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/exantas-capital-corp-declares-quarterly-cash-dividends-for-series-c-preferred-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exantas Capital Corp. 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