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Thu, January 20, 2011
Wed, January 19, 2011 NorthStar Realty Finance Announces Fourth Quarter Common Stock Dividend
NorthStar Realty Finance Announces Fourth Quarter Common Stock Dividend -- NEW YORK, Jan. 19, 2011 /PRNewswire/ --
NorthStar Realty Finance Announces Fourth Quarter Common Stock Dividend
NEW YORK, Jan. 19, 2011 /PRNewswire/ -- NorthStar Realty Finance Corp. (NYSE: NRF) today announced that its Board of Directors has declared a cash dividend of $0.10 per share of common stock, payable with respect to the quarter ended December 31, 2010. The dividend is expected to be paid on February 14, 2011 to shareholders of record as of the close of business on February 4, 2011. The Company's common shares will begin trading ex-dividend on February 2, 2011.
NorthStar also announced today that the anticipated timing of future dividend declarations on its common stock will be approximately two weeks later than in prior years. The revised schedule will begin with the release of its first quarter 2011 dividend announcement and was a result of NorthStar moving its regularly scheduled Board of Directors meetings closer to its expected quarterly earnings announcement.
About NorthStar Realty Finance Corp.
NorthStar Realty Finance Corp. is a finance REIT that primarily originates and invests in commercial real estate debt, real estate securities and net lease properties. For more information about NorthStar Realty Finance Corp., please visit [ http://www.nrfc.com ].
SOURCE NorthStar Realty Finance Corp.
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