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CTO Realty Growth Reports Fourth Quarter and Full Year 2020 Operating Results NYSE:CTO


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Announced successful completion of the Company s real estate investment trust ( REIT ) conversion and payment of the previously declared special distribution on the Company s shares of common stock through an aggregate of $5.6 million in cash and the issuance of 1,198,963 shares of the Company s common stock.
Reported Net Income per diluted share of $16.60 and $16.69 for the quarter and year ended December 31, 2020, respectively.
Reported FFO per diluted share of $2.11 and $5.84 for the quarter and year ended December 31, 2020, respectively.
Reported AFFO per diluted share of $2.20 and $5.57 for the quarter and year ended December 31, 2020, respectively.
Paid a regular cash dividend for the fourth quarter of 2020 of $1.00 per share on November 30, 2020 to shareholders of record as of November 16, 2020. ....

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