Tremont Mortgage Trust Announces Efforts to Mitigate COVID-19 Impact
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced that due to the uncertainty and extreme disruption to the U.S. capital markets as a result of the COVID-19 (novel coronavirus) health crisis, and its resulting impact on the U.S. economy, TRMT has reduced its regular quarterly dividend on its common shares for the first quarter to $0.01 per share, in order to preserve cash and liquidity. This distribution will be paid to TRMT’s common shareholders of record as
Tremont Mortgage Trust Announces Efforts to Mitigate COVID-19 Impact
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced that due to the uncertainty and extreme disruption to the U.S. capital markets as a result of the COVID-19 (novel coronavirus) health crisis, and its resulting impact on the U.S. economy, TRMT has reduced its regular quarterly dividend on its common shares for the first quarter to $0.01 per share, in order to preserve cash and liquidity. This distribution will be paid to TRMT’s common shareholders of record as