RPT Stock Recent News

NEW YORK--(BUSINESS WIRE)--Rithm Property Trust (NYSE:RPT, “RPT” or the “Company”) today announced the tax treatment of its 2024 common stock distributions. Common Stock Dividends During 2024, Rithm Property Trust's common stock (CUSIP #38983D300) distributions were $0.28000 per share and the distributions consisted of a return of capital. The following table summarizes the tax treatment for 2024 common stock distributions.   Record Date Pay Date Form Ordinary Dividend Qualified Dividend Sectio.

NEW YORK--(BUSINESS WIRE)--Rithm Property Trust Inc. (NYSE: RPT, “Rithm Property Trust” or the “Company”) announced today that it will release its fourth quarter 2024 financial results for the period ended December 31, 2024 on Thursday, January 30, 2025 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Thursday, January 30, 2025 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the News & Events – Press Rele.

JERICHO, N.Y., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, announced today the 2024 tax treatment of RPT Realty Series D Cumulative Convertible Preferred investor's dividend distributions. The allocations as they will be reported on Form 1099-DIV are as follows:

Investors interested in stocks from the REIT and Equity Trust - Residential sector have probably already heard of Office Properties Income Trust (OPI) and RPT Realty (RPT). But which of these two stocks is more attractive to value investors?

NEW YORK, Sept. 27, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its third quarter 2023 earnings press release after the market closes on Thursday, November 2, 2023.

RPT Realty shares soared today after agreeing to be acquired by Kimco in an all-stock transaction valued at around $2 billion -- a roughly 19% premium to Friday's closing price. The combination makes strategic sense, with around 70% of RPT Realty's portfolio aligning with Kimco's key strategic markets.

Retail REITs have become opportunistic investment opportunities, particularly in the retail sector. RPT Realty has experienced a relative collapse in share prices despite positive operating results. RPT Realty offers investors access to retail cash flow and real estate at a lower price compared to peers.

RPT Realty (RPT) came out with quarterly funds from operations (FFO) of $0.25 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to FFO of $0.27 per share a year ago.

RPT Realty operates commercial real estate with grocery stores as anchor tenants. The preferred shares are in excellent shape as the REIT only needs about 6.5% of its FFO to cover the preferred dividends. The common units are getting very interesting as well as they are trading at just over 9 times FFO.

NEW YORK, May 31, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its second quarter 2023 earnings press release after the market closes on Wednesday, August 2, 2023. The Company will host a conference call on Thursday, August 3, 2023 at 9:00 AM (ET) to discuss its financial and operating results.