Newcastle Declares Common Stock Dividend of $0.10 per Share and Preferred Stock Dividends for the First Quarter
March 14 2014 - 10:46PM
Business Wire
Newcastle Investment Corp. (the “Company”; NYSE:NCT) announced
today that its Board of Directors has declared a quarterly dividend
of $0.10 per share of common stock for the first quarter of 2014.
The dividend is payable on April 30, 2014 to shareholders of record
on March 25, 2014.
The Board of Directors also declared dividends on the Company's
preferred stock for the period beginning February 1, 2014 and
ending April 30, 2014. The dividends are payable on April 30, 2014
to shareholders of record on March 25, 2014. The Company will pay
dividends of $0.609375, $0.503125 and $0.523438 per share on the
9.750% Series B, 8.050% Series C and 8.375% Series D preferred
stock, respectively.
ABOUT NEWCASTLE
Newcastle focuses on investing in, and actively managing, real
estate related assets and primarily invests in: (1) Senior Housing
Assets and (2) Real Estate & Other Debt, in addition to other
opportunistic investments. The Company conducts its operations to
qualify as a real estate investment trust for federal income tax
purposes. The Company is managed by an affiliate of Fortress
Investment Group LLC, a global investment management firm.
Newcastle Investment Corp.Investor Relations, 212-479-3195
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