Lument Finance Trust's Series A Preferred Stock Shares Cross 10% Yield Mark
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In trading on Friday, shares of Lument Finance Trust Inc's 7.875% Series A Cumulative Redeemable Preferred Stock (Symbol: LFT.PRA) were yielding above the 10% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $19.10 on the day....