Press release from Business Wire
Newcastle Declares Common Stock Dividend of $0.22 per Share for the Fourth Quarter and Preferred Stock Dividends
Tuesday, December 18, 2012
Newcastle Declares Common Stock Dividend of $0.22 per Share for the Fourth Quarter and Preferred Stock Dividends19:14 EST Tuesday, December 18, 2012
NEW YORK (Business Wire) -- Newcastle Investment Corp. (NYSE: NCT) announced today that its Board of
Directors has declared a quarterly dividend of $0.22 per common share
for the fourth quarter of 2012. The dividend is payable on January 31,
2013 to shareholders of record on December 28, 2012.
The Board of Directors also declared dividends on the Company's Series
B, Series C and Series D preferred stock for the period beginning
November 1, 2012 and ending January 31, 2013. The dividends are payable
on January 31, 2013 to shareholders of record on December 28, 2012. The
Company will pay total dividends of $0.609375, $0.503125 and $0.523438
per share on the 9.75% Series B, 8.05% Series C and 8.375% Series D
preferred stock, respectively.
ABOUT NEWCASTLE
Newcastle Investment Corp. focuses on opportunistically investing in,
and actively managing, real estate related assets. The Company primarily
invests in two distinct areas: (1) Residential Servicing and Securities
and (2) Commercial Real Estate Debt and Other Assets. The Company is
organized and 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 Relations1-212-479-3195
