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Last €13.69 EUR
Change Today -0.347 / -2.47%
Volume 0.0
WY51 On Other Exchanges
Symbol
Exchange
NASDAQ GM
Frankfurt
As of 12:24 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

cim commercial trust corp (WY51) Snapshot

Open
€13.67
Previous Close
€14.03
Day High
€13.69
Day Low
€13.43
52 Week High
10/2/14 - €17.89
52 Week Low
12/22/14 - €11.88
Market Cap
1.3B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
97.6M
EX-Date
06/18/15
P/E TM
--
Dividend
€0.85
Dividend Yield
5.44%
Current Stock Chart for CIM COMMERCIAL TRUST CORP (WY51)

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cim commercial trust corp (WY51) Details

CIM Commercial Trust Corp is a publicly owned real estate investment trust. The firm invests in the real estate markets of United States. It also engages in lending activities. CIM Commercial Trust Corp was founded in 1993 and is based in Dallas, Texas.

2 Employees
Last Reported Date: 03/16/15

cim commercial trust corp (WY51) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: --
President and Secretary
Total Annual Compensation: $600.0K
Chief Financial Officer
Total Annual Compensation: --
Executive Vice President of Finance & Account...
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2014.

cim commercial trust corp (WY51) Key Developments

CIM Commercial Trust Corporation Announces Quarterly Cash Dividend, Payable on June 29, 2015

CIM Commercial Trust Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.21875 per common share. The dividend will be paid on June 29, 2015 to shareholders of record as of June 22, 2015.

CIM Commercial Trust Corporation Enters into a $385,000,000 Unsecured Term Loan Facility

On May 8, 2015, CIM Commercial Trust Corporation entered into an unsecured term loan agreement with Wells Fargo Bank, National Association, as Administrative Agent, Wells Fargo Securities, LLC and Capital One, National Association, as Joint Lead Arrangers and Joint Bookrunners, Capital One, National Association as Syndication Agent, PNC Bank, National Association as Documentation Agent and the lenders from time to time party thereto, relating to a $385,000,000 unsecured term loan facility. All amounts borrowed under the Term Loan Agreement are guaranteed by certain wholly-owned subsidiaries of the company. The term loan agreement matures on May 8, 2022 and ranks pari passu with the Company's existing $850 million unsecured credit facility. The company is subject to certain financial maintenance covenants under the Term Loan Agreement, including (a) a maximum leverage ratio of 60%, as of any date, (b) a maximum secured leverage ratio of 40%, as of any date, (c) a maximum unencumbered leverage ratio of 60%, as of any date, (d) a maximum secured recourse leverage ratio of 10%, as of any date, (e) a minimum fixed charge coverage ratio of 1.50:1.00, as of the last day of any fiscal quarter and (f) a minimum unencumbered interest coverage ratio of 1.75:1.00, as of the last day of any fiscal quarter, as well as certain other customary covenants. The Term Loan Agreement also contains customary events of default provisions, including failure to pay indebtedness, breaches of covenants, cross default to the company's $850 million unsecured credit facility and bankruptcy or other insolvency events, which could result in the acceleration of all amounts and cancellation of all commitments outstanding under the Term Loan Agreement, as well as customary representations and warranties.

CIM Commercial Trust Seeks Acquisitions

CIM Commercial Trust Corporation (NasdaqGM:CMCT) enters into a $385,000,000 Unsecured Term Loan Facility, CIM Commercial will used for acquisitions, refinancing of existing indebtedness, and other general corporate purposes.

 

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WY51:GR €13.69 EUR -0.347

WY51 Competitors

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Company Last Change
Hatteras Financial Corp $16.28 USD -0.0315
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Redwood Trust Inc $15.49 USD +0.18
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Industry Analysis

WY51

Industry Average

Valuation WY51 Industry Range
Price/Earnings 100.0x
Price/Sales 5.7x
Price/Book 1.1x
Price/Cash Flow 16.9x
TEV/Sales 3.1x
 | 

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