Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today announced that its Board of Directors suspended the Company's quarterly dividend on its common stock commencing with the third quarter dividend that would have otherwise been paid in October 2026.

The Board's decision reflects both the Company's expectation that it will satisfy its REIT taxable income distribution requirements for the 2026 calendar year and the Board's and management's belief that preserving capital and maintaining financial flexibility is in the best interests of the Company and its stockholders.

LFT paid two regular quarterly dividends during the first half of 2026, totaling $0.08 per share of common stock on a pre-reverse split basis, or $0.80 per share on a post-reverse split basis, which exceeded the Company's REIT taxable income for the first half of 2026 and is expected to exceed the Company's REIT taxable income distribution requirements for the full 2026 calendar year.