Company Name: Lument Finance Trust

Stock Symbol: LFT

Industry: Real Estate Investment Trust (REIT)

Sector: Commercial Real Estate

Employees: Over 500

 

Company Summary:

Lument Finance Trust is an externally managed real estate investment trust that makes and holds commercial real estate loans, mainly multifamily, and is managed by Lument Investment Management, an affiliate of ORIX.

 

URLs:

Website: Lument Finance Trust

 

Summary:

LFT announced a dividend cut that makes this dividend yield unacceptably low for the Fly High Investing portfolio. Therefore, they have been rotated out of the portfolio.

 

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