Sunrise Realty Trust Declares $0.30 Quarterly Dividend for First Quarter 2026
Sunrise Realty Trust, Inc. (Nasdaq: SUNS), a commercial mortgage REIT operating on the Tannenbaum Capital Group Real Estate platform, declared a regular cash dividend of $0.30 per common share for the first quarter of 2026. The board approved the dividend on March 10, 2026.
Sunrise Realty Trust, Inc. (Nasdaq: SUNS), a commercial mortgage REIT operating on the Tannenbaum Capital Group Real Estate platform, declared a regular cash dividend of $0.30 per common share for the first quarter of 2026. The board approved the dividend on March 10, 2026. Read more dividend announcements.
The dividend will be paid on April 15, 2026, to shareholders of record as of March 31, 2026. No ex-dividend date was specified in the announcement.
| Dividend Details | Information |
|---|---|
| Amount | $0.30 per share |
| Record Date | March 31, 2026 |
| Ex-Dividend Date | Not specified |
| Payment Date | April 15, 2026 |
Fourth Quarter and Full Year 2025 Financial Results
The West Palm Beach-based lender reported GAAP net income of $1.6 million for the fourth quarter of 2025, or $0.12 per basic weighted average common share. Distributable earnings for the quarter totaled $3.5 million, or $0.27 per basic weighted average common share.
For the full year 2025, the company reported GAAP net income of $12.1 million, or $0.93 per basic weighted average common share. Distributable earnings reached $15.2 million, or $1.19 per basic weighted average common share.
Management Commentary
Chief Executive Officer Brian Sedrish said the company is positioned to originate new loans in 2026 amid what he described as a bifurcated commercial mortgage REIT landscape. He said Sunrise Realty Trust operates as a lower-leverage lender focused on real estate fundamentals and structured solutions for transitional assets in the Southern United States.
Sedrish said the company expects a portion of the transitional lending market to remain underserved as larger lenders concentrate on multifamily and industrial properties, creating opportunities for selective lending with risk-adjusted returns.