Newcastle Declares Common Stock Dividend of $0.30 per Share and Preferred Stock Dividends for Third Quarter 2014
September 17 2014 - 7:09PM
Business Wire
Newcastle Investment Corp. (the “Company”; NYSE:NCT) announced
today that its Board of Directors has declared a cash dividend on
its common stock of $0.30 per share for the quarter ending
September 30, 2014. The dividend is payable on October 31, 2014 to
shareholders of record on September 29, 2014.
The Board of Directors also declared dividends on the Company's
preferred stock for the period beginning August 1, 2014 and ending
October 31, 2014. The dividends are payable on October 31, 2014 to
shareholders of record on September 29, 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
The Company focuses on investing in, and actively managing, real
estate related assets and primarily invests in: (1) Senior Housing
Assets (2) Real Estate Debt and (3) Golf & Other Investments.
The Company conducts its operations to qualify as a real estate
investment trust ("REIT") 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 Relations212-479-3195
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