CTO Realty Growth, Inc.

CTO

Real Estate · REIT - Diversified · Stock · quarterly payer

$20.54

Undervalued · +19% Add to Portfolio

Forward Yield

7.40%

Annual Dividend

$1.52

Payout Ratio

111%

5-Yr Growth

36.1%

Ex-Date

Sep 10, 2026

Frequency

Quarterly

Key facts about CTO's dividend

Data as of Oct 18, 2026 · Source: SmarterDividends data

As of Oct 18, 2026, CTO Realty Growth, Inc. (CTO) has a forward dividend yield of 7.40%, based on an annual dividend of $1.52 per share and a share price of $20.54.
As of Oct 18, 2026, CTO's dividend safety grade from SmarterDividends is B (72 out of 100), which rates the dividend as safe.
CTO last cut its regular dividend in 2010.
CTO's most recent ex-dividend date was Sep 10, 2026, for a dividend of $0.38 per share.
As of Oct 18, 2026, CTO pays out 111% of its trailing 12-month earnings as dividends (its payout ratio).
CTO's dividend has grown at an average rate of 36.1% a year over the past five years.
As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for CTO is $24.47 per share, 19% above the $20.54 share price, so CTO screens as undervalued.
CTO Realty Growth, Inc. (CTO) pays its dividend quarterly, 4 times a year.
CTO Realty Growth, Inc. (CTO) has raised its regular dividend 28 times and cut it 4 times across the 120 payments on record since 1987. Its most recent change was a 1.8% increase to $0.380 per share, going ex-dividend on Sep 9, 2022. The last cut went ex-dividend on Feb 8, 2010.

Cite this page

SmarterDividends, "CTO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/CTO

Summary

As of Oct 18, 2026, CTO Realty Growth, Inc. (CTO) yields 7.40% ($1.52 a year per share) and has a dividend safety grade of B (72/100).

Is CTO a good dividend stock?

Yes, with caveats

CTO Realty Growth, Inc. (CTO) pays a quarterly dividend yielding 7.40% ($1.52/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

Strong 36.1% 5-yr dividend growth

Risks

Cut its dividend in 2010
Elevated payout ratio (111%)

Key Data

Dividend Yield: 7.40%
Payout Ratio: 111%
Annual Dividend: $1.52
5-Yr Avg Growth: 36.1%
Ex-Dividend Date: Sep 10, 2026
Years of Growth: 0
Frequency: quarterly
Beta: 0.63
Market Cap: $770.0M
P/E Ratio: 15.0
5-Yr Total Return: 12%
52-Week Range: $15.64 – $22.71
Dividend Safety: B · 72/100
Ever Cut?: Yes (2010)

CTO dividend raises and cuts

CTO Realty Growth, Inc. (CTO) has raised its regular dividend 28 times and cut it 4 times across the 120 payments on record since 1987. Its most recent change was a 1.8% increase to $0.380 per share, going ex-dividend on Sep 9, 2022. The last cut went ex-dividend on Feb 8, 2010.

Ex-date	Change	Old → new	Move
Sep 9, 2022	Raise	$0.373 → $0.380	+1.8%
Jun 8, 2022	Raise	$0.360 → $0.373	+3.7%
Mar 9, 2022	Raise	$0.333 → $0.360	+8.0%
Mar 19, 2021	Raise	$0.271 → $0.333	+22.8%
Nov 13, 2020	Raise	$0.109 → $0.271	+150.0%
Aug 14, 2020	Raise	$0.0679 → $0.109	+60.0%
Feb 21, 2020	Raise	$0.0353 → $0.0679	+92.3%
Nov 8, 2019	Raise	$0.0299 → $0.0353	+18.2%
Aug 9, 2019	Raise	$0.0271 → $0.0299	+10.0%
Feb 7, 2019	Raise	$0.0217 → $0.0271	+25.0%
Nov 8, 2018	Raise	$0.0190 → $0.0217	+14.3%
Aug 9, 2018	Raise	$0.0163 → $0.0190	+16.7%

Show all 32 changes since 1990

Ex-date	Change	Old → new	Move
Feb 8, 2018	Raise	$0.0136 → $0.0163	+20.0%
Aug 8, 2017	Raise	$0.0109 → $0.0136	+25.0%
Nov 5, 2014	Raise	$0.0081 → $0.0109	+33.3%
May 8, 2013	Raise	$0.0054 → $0.0081	+50.0%
Nov 8, 2011	Raise	$0.0027 → $0.0054	+100.0%
Feb 8, 2010	Cut	$0.0136 → $0.0027	−80.0%
Aug 4, 2009	Cut	$0.0271 → $0.0136	−50.0%
Aug 7, 2007	Raise	$0.0244 → $0.0271	+11.1%
Aug 7, 2006	Raise	$0.0217 → $0.0244	+12.5%
Aug 8, 2005	Raise	$0.0190 → $0.0217	+14.3%
Aug 6, 2004	Raise	$0.0163 → $0.0190	+16.7%
Aug 1, 2003	Raise	$0.0136 → $0.0163	+20.0%
Feb 3, 2000	Cut	$0.0950 → $0.0136	−85.7%
Aug 8, 1997	Raise	$0.0814 → $0.0950	+16.7%
Aug 8, 1996	Raise	$0.0679 → $0.0814	+20.0%
Jul 28, 1995	Raise	$0.0543 → $0.0679	+25.0%
Jul 29, 1994	Raise	$0.0407 → $0.0543	+33.3%
Feb 2, 1993	Raise	$0.0231 → $0.0407	+76.5%
May 28, 1991	Cut	$0.0312 → $0.0231	−26.1%
Jan 2, 1990	Raise	$0.0231 → $0.0312	+35.3%

Every CTO payment →Download every raise and cut (CSV)

CTO ex-dividend date & scheduleNext ex-date Sep 10, 2026 · full ex-dividend historyView →CTO dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CTO a good dividend stock?

Yes, with caveats. CTO Realty Growth, Inc. (CTO) pays a quarterly dividend yielding 7.40% ($1.52/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is CTO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CTO's fair value is about $24.47 versus a $20.54 share price — so it looks undervalued (+19% vs. fair value).

Is CTO's dividend safe?

CTO has a dividend-safety grade of B (72/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2010, debt and yield-versus-history.

What is CTO's fair value?

Our blended fair-value estimate for CTO is about $24.47 per share, roughly 19% above the current $20.54 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CTO a buy, hold, or sell?

We don't issue formal ratings, but on the data CTO screens as "yes, with caveats" and undervalued. CTO Realty Growth, Inc. (CTO) pays a quarterly dividend yielding 7.40% ($1.52/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will CTO cut its dividend?

CTO earns a dividend-safety grade of B (72/100), and has cut its dividend before (last in 2010). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CTO pay a dividend?

Yes. CTO Realty Growth, Inc. pays a quarterly dividend of about $1.52 per share annually, a forward yield of roughly 7.40%.

What is CTO's dividend yield?

As of Oct 18, 2026, CTO's forward dividend yield is 7.40%, based on a $1.52 annual dividend and a $20.54 share price.

What is CTO's dividend per share?

As of Oct 18, 2026, CTO pays $1.52 per share per year, distributed on a quarterly basis.

What is CTO's dividend payout ratio?

As of Oct 18, 2026, CTO's payout ratio is 111% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has CTO grown its dividend?

CTO does not currently have a long dividend-growth streak on record.

When is the next CTO ex-dividend date?

As of Oct 18, 2026, CTO's next ex-dividend date hasn't been announced. The most recent was Sep 10, 2026, for $0.38 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full CTO dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 10, 2026	Sep 30, 2026	$0.3800	regular
Jun 11, 2026	Jun 30, 2026	$0.3800	regular
Mar 12, 2026	Mar 31, 2026	$0.3800	regular
Dec 11, 2025	Dec 31, 2025	$0.3800	regular
Sep 11, 2025	Sep 30, 2025	$0.3800	regular
Jun 12, 2025	Jun 30, 2025	$0.3800	regular
Mar 13, 2025	Mar 31, 2025	$0.3800	regular
Dec 12, 2024	Dec 31, 2024	$0.3800	regular
Sep 12, 2024	Sep 30, 2024	$0.3800	regular
Jun 13, 2024	Jun 28, 2024	$0.3800	regular
Mar 13, 2024	Mar 28, 2024	$0.3800	regular
Dec 13, 2023	Dec 29, 2023	$0.3800	regular
Sep 13, 2023	Sep 29, 2023	$0.3800	regular
Jun 7, 2023	Jun 30, 2023	$0.3800	regular