On 8/7/14, NorthStar Realty Finance Corp's 8.500% Series D Cumulative Redeemable Preferred Stock (NRF.PRD) will trade ex-dividend, for its quarterly dividend of $0.5312, payable on 8/15/14. As a percentage of NRF.PRD's recent share price of $25.25, this dividend works out to approximately 2.10%, so look for shares of NRF.PRD to trade 2.10% lower — all else being equal — when NRF.PRD shares open for trading on 8/7/14. On an annualized basis, the current yield is approximately 8.46%, which compares to an average yield of 6.54% in the "REITs" preferred stock category, according to Preferred Stock Channel.
As of last close, NRF.PRD was trading at a 0.48% premium to its liquidation preference amount, versus the average premium of 0.42% in the "REITs" category. The chart below shows the one year performance of NRF.PRD shares, versus NRF:
Below is a dividend history chart for NRF.PRD, showing historical dividends prior to the most recent $0.5312 on NorthStar Realty Finance Corp's 8.500% Series D Cumulative Redeemable Preferred Stock:
According to the ETF Finder at ETF Channel, NorthStar Realty Finance Corp (NRF) makes up 4.68% of the Mortgage REIT Income ETF (MORT) which is trading relatively unchanged on the day Tuesday.