EQUITY (Tables)

12 Months Ended

Dec. 31, 2024

EQUITY

Schedule of details of public offering

The following details the public offerings (in thousands, except per share data):

Series	Dividend Rate	Issued	Number of Shares Issued	Gross Proceeds		Net Proceeds		Dividend per Share		Earliest Redemption Date
Series A	6.375%	July 2021	3,000,000	$	75,000	$	72,428	$	0.3984	July 2026
Series A	6.375%	April 2024	1,718,417	$	34,368	$	33,055	$	0.3984	July 2026

Schedule of dividend declared and paid for stock

The following table outlines dividends declared and paid for each issuance of CTO’s stock during the years ended December 31, 2024, 2023, and 2022 (in thousands, except per share data):

	Year Ended
	December 31, 2024		December 31, 2023		December 31, 2022
Series A Preferred Stock
Dividends	$	6,814	$	4,772	$	4,781
Per Share	$	1.59	$	1.59	$	1.59
Common Stock
Dividends	$	40,280	$	34,266	$	28,896
Per Share	$	1.52	$	1.52	$	1.49