NEW YORK, Nov. 1, 2012 /PRNewswire/ -- NorthStar Realty Finance Corp. (NYSE: NRF) ("NorthStar") today announced that its Board of Directors has declared a cash dividend of $0.17 per share of common stock, payable with respect to the quarter ended September 30, 2012, representing a 70% increase over the last five quarters. The dividend is expected to be paid on November 16, 2012 to shareholders of record as of the close of business on November 12, 2012. NorthStar's common shares will begin trading ex-dividend on November 7, 2012.
About NorthStar Realty Finance Corp. NorthStar Realty Finance Corp. is a diversified commercial real estate investment and asset management company that is organized as a REIT.
SOURCE NorthStar Realty Finance Corp.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts