Business & Finance
Business and Finance
Business and Finance
Wed, May 2, 2012 NorthStar Realty Finance Declares First Quarter Common Stock Dividend
NorthStar Realty Finance Declares First Quarter Common Stock Dividend -- NEW YORK, May 2, 2012 /PRNewswire/ --
NorthStar Realty Finance Declares First Quarter Common Stock Dividend
NEW YORK, May 2, 2012 /PRNewswire/ -- NorthStar Realty Finance Corp. (NYSE: [ NRF ]) today announced that its Board of Directors has declared a cash dividend of $0.15 per share of common stock, payable with respect to the quarter ended March 31, 2012, representing an 11% increase from the prior quarter's dividend and a 50% increase over the last three quarters. The dividend is expected to be paid on May 18, 2012 to shareholders of record as of the close of business on May 14, 2012. NorthStar's common shares will begin trading ex-dividend on May 10, 2012.
About NorthStar Realty Finance Corp.
NorthStar Realty Finance Corp. is a finance REIT that originates, acquires and manages portfolios of commercial real estate debt, commercial real estate securities and net lease properties. In addition, NorthStar engages in asset management and other activities related to real estate and real estate finance. For more information about NorthStar Realty Finance Corp., please visit [ www.nrfc.com ].
SOURCE NorthStar Realty Finance Corp.
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[ http://www.nrfc.com ]
