CTO Realty Growth, Inc. Declares Quarterly Dividend of $0.38 (NYSE:CTO)

CTO Realty Growth, Inc. (NYSE:CTO) declared a quarterly dividend on Thursday, February 19th. Shareholders of record on Thursday, March 12th will be given a dividend of 0.38 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Thursday, March 12th.

CTO Realty Growth has raised its dividend payment by an average of 0.6%per year over the last three years. CTO Realty Growth has a payout ratio of 633.3% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect CTO Realty Growth to earn $1.91 per share next year, which means the company should continue to be able to cover its $1.52 annual dividend with an expected future payout ratio of 79.6%.

CTO Realty Growth Price Performance

NYSE CTO traded up $0.78 on Friday, hitting $19.97. 173,007 shares of the company’s stock were exchanged, compared to its average volume of 244,755. The stock has a market cap of $646.43 million, a price-to-earnings ratio of -15.47 and a beta of 0.64. The company has a current ratio of 3.96, a quick ratio of 3.96 and a debt-to-equity ratio of 1.08. The stock has a 50-day moving average of $18.22 and a 200-day moving average of $17.28. CTO Realty Growth has a 52 week low of $15.06 and a 52 week high of $20.20.

CTO Realty Growth (NYSE:CTO) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.32. CTO Realty Growth had a negative return on equity of 5.72% and a negative net margin of 22.77%.The firm had revenue of $38.34 million during the quarter, compared to analysts’ expectations of $37.91 million. CTO Realty Growth has set its FY 2026 guidance at 2.110-2.160 EPS. Analysts expect that CTO Realty Growth will post 1.92 earnings per share for the current year.

About CTO Realty Growth

CTO Realty Growth, Inc is a publicly traded real estate investment trust (REIT) that specializes in single-tenant net lease properties. The company’s primary focus is on acquiring, owning and managing retail assets leased to creditworthy operators under long-term, triple-net lease agreements. By targeting essential retail segments, CTO Realty Growth seeks to generate stable, inflation-protected income streams while maintaining a disciplined investment approach.

The REIT’s portfolio is concentrated in convenience store and fuel service locations, with additional assets in other retail categories where net lease structures prevail.