Northstar Realty Finance Stock To Go Ex-dividend Tomorrow (NRF)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Northstar Realty Finance Corporation (NYSE: NRF) is tomorrow, May 9, 2013. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $10.15 as of 9:30 a.m. ET, the dividend yield is 7.5%.

The average volume for Northstar Realty Finance has been 3.7 million shares per day over the past 30 days. Northstar Realty Finance has a market cap of $2.01 billion and is part of the financial sector and real estate industry. Shares are up 44.5% year to date as of the close of trading on Tuesday.

NorthStar Realty Finance Corp., a real estate investment trust (REIT), operates as a commercial real estate (CRE) investment and asset management company in the United States.

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TheStreet Ratings rates Northstar Realty Finance as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Northstar Realty Finance Ratings Report.

See our dividend calendar or top-yielding stocks list.

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