Adamas Trust Raises Dividend by 17%

Dow Jones

Jun 12

By Kelly Cloonan

Adamas Trust raised its quarterly dividend by 17% to 27 cents a share, from 23 cents.

The new payout, equal to $1.08 a year, represents an annual yield of about 12% based on Thursday's closing price of $9.11.

The dividend is payable July 28 to stockholders of record on June 23, the real estate investment trust said.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

June 11, 2026 16:59 ET (20:59 GMT)

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