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Crystal River Capital (CRZ) Cuts Qtr. Dividend from $0.68 to $0.30

June 17, 2008 4:20 PM EDT
Crystal River Capital, Inc. (NYSE: CRZ) today announced that its Board has cut its quarterly dividend from $0.68 to $0.30, payable on July 28 to shareholders of record on June 30.

Crystal River Capital, Inc., a specialty finance company, engages in the acquisition and origination of a portfolio of commercial and residential real estate structured finance investments.

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