UNIONDALE, N.Y., May 27, 2026 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that its Board of Directors declared cash dividends on its Preferred Stock.
The Company will pay a cash dividend on its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock ("Series C Preferred Stock") in the amount of $0.5993994 per share, which reflects a rate of 9.59039%, equal to three-month Term SOFR on …