Newcastle Declares Common Stock Dividend of $0.12 per Share and Preferred Stock Dividends for Third Quarter 2016
October 13 2016 - 7:00PM
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
September 30, 2016. The dividend is payable on October 31, 2016 to
shareholders of record on October 24, 2016.
The Board of Directors also declared dividends on the Company's
preferred stock for the period beginning August 1, 2016 and ending
October 31, 2016. The dividends are payable on October 31, 2016 to
shareholders of record on October 24, 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 assets, including traditional and innovative golf
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/20161013006669/en/
Newcastle Investment Corp.Investor Relations, 212-479-3195
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