Rithm Property Trust Inc. Declares First Quarter 2025 Dividends on Preferred Stock

NEW YORK--(BUSINESS WIRE)--April 21, 2025-- 

Rithm Property Trust Inc. (NYSE: RPT, "Rithm Property Trust" or the "Company") announced today that its Board of Directors (the "Board") has declared a first quarter 2025 dividend on its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series C"). The Board declared a dividend of $0.4937500 per share, which reflects a pro-rata accrual rate of 9.875% from Series C issuance on March 4(th) to, but not including, the May 15(th) payment date.

The dividend for the Series C is payable on May 15, 2025, to preferred shareholders of record on May 1, 2025.

About Rithm Property Trust Inc.

Rithm Property Trust is a real estate investment platform externally managed by an affiliate of Rithm Capital Corp. (NYSE: RITM). Rithm Property Trust has historically focused on acquiring, investing in and managing re-performing loans and non-performing loans secured by single-family residences and commercial properties. In connection with its 2024 strategic transaction with Rithm Capital, the Company transitioned to a flexible commercial real estate focused investment strategy. Rithm Property Trust is a Maryland corporation that is organized and conducts its operations to qualify as a real estate investment trust $(REIT)$ for federal income tax purposes.

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    CONTACT:    Rithm Property Trust 

Investor Relations

ir@rithmpropertytrust.com

646-868-5483

(END) Dow Jones Newswires

April 21, 2025 16:15 ET (20:15 GMT)