Jernigan Capital Announces Dividends for First Quarter 2020
MEMPHIS, Tenn--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that its Board of Directors declared a cash dividend of $0.23 per share of common stock for the quarter ending March 31, 2020. The dividend is payable on April 15, 2020 to stockholders of record on April 1, 2020. The quarterly distribution represents an annualized dividend rate of $0.92 per share. The Company’s Board of Directors also declared a cash dividend on the Series B Preferred Stock in the
Jernigan Capital Announces Dividends for First Quarter 2020
MEMPHIS, Tenn--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that its Board of Directors declared a cash dividend of $0.23 per share of common stock for the quarter ending March 31, 2020. The dividend is payable on April 15, 2020 to stockholders of record on April 1, 2020. The quarterly distribution represents an annualized dividend rate of $0.92 per share. The Company’s Board of Directors also declared a cash dividend on the Series B Preferred Stock in the