CTO Realty Growth Inc (CTO)

CTO Realty Growth, Inc. has declared a quarterly cash dividend of $0.38 per share of common stock for the third quarter of 2026, representing an annualized yield of approximately 7.0%. The company also declared a quarterly cash dividend of $0.39844 per share for its 6.375% Series A Cumulative Redeemable Preferred Stock. Both dividends are payable on September 30, 2026, to stockholders of record as of September 10, 2026.

CTO Realty Growth, Inc. announced the opening of The Cheesecake Factory at The Collection at Forsyth, creating over 200 local jobs and enhancing the retail center's offerings. This opening follows Warby Parker's recent addition and precedes Miniso's upcoming store, reflecting strong leasing demand and the center's growth as a premier shopping and dining destination in the Atlanta area.

CTO Realty Growth announced the opening of a Cheesecake Factory restaurant at The Collection at Forsyth, enhancing the retail center's national dining options. This follows Warby Parker's recent opening and precedes Miniso's targeted September launch, indicating strong leasing demand and growth for the property. The news was originally published by CTO Realty Growth Inc. via GlobeNewswire.

CTO Realty Growth reported robust Q2 results with increased funds from operations and a raised full-year outlook, driven by strong shopping-center leasing, same-property net operating income growth, strategic acquisitions, and structured investments. The company completed significant leasing activity, made key property acquisitions like Gallery on the Parkway, and originated substantial structured investments, while also disposing of non-core assets to fund growth and reduce leverage. They issued approximately 4.2 million shares through an at-the-market program, generating $83.6 million in net proceeds, and raised their 2026 Core FFO and AFFO guidance, expecting increased investment volume and property NOI growth.

SummitTX Capital L.P. increased its stake in CTO Realty Growth, Inc. by 56.5% in the first quarter, adding 60,506 shares to own a total of 167,545 shares valued at $3.1 million. The real estate investment trust (REIT) recently reported strong quarterly earnings, surpassing analyst estimates, and announced a quarterly dividend of $0.38, yielding 6.9%. Analysts generally maintain a "Buy" rating for CTO Realty Growth with an average price target of $23.67.