Newcastle Declares Common Stock Dividend of $0.12 per Share and Preferred Stock Dividends for Second Quarter 2016
July 12 2016 - 5:38PM
Business Wire
Newcastle Investment Corp. (the “Company”; NYSE: NCT) announced
today that its Board of Directors has declared a cash dividend on
its common stock of $0.12 per share for the quarter ending June 30,
2016. The dividend is payable on July 29, 2016 to shareholders of
record on July 22, 2016.
The Board of Directors also declared dividends on the Company's
preferred stock for the period beginning May 1, 2016 and ending
July 31, 2016. The dividends are payable on July 29, 2016 to
shareholders of record on July 22, 2016. The Company will pay
dividends of $0.609375, $0.503125 and $0.523438 per share on the
9.750% Series B, 8.050% Series C and 8.375% Series D preferred
stock, respectively.
ABOUT NEWCASTLE
Newcastle focuses on investing in, and actively managing, real
estate related and other assets. Newcastle conducts its operations
to qualify as a REIT for federal income tax purposes. Newcastle is
managed by an affiliate of Fortress Investment Group LLC, a global
investment management firm.
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version on businesswire.com: http://www.businesswire.com/news/home/20160712006726/en/
Newcastle Investment Corp.Investor Relations, 212-479-3195
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