Northstar Realty Finance Corp. (NRF) Misses Q3 EPS by 8c, Declares $0.125 Dividend

November 3, 2011 8:58 AM EDT
Northstar Realty Finance Corp. (NYSE: NRF) reported Q3 EPS of $0.29, $0.08 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $131.02 million versus the consensus estimate of $121.48 million.

On November 2, 2011, NorthStar announced that its Board of Directors declared a cash dividend of $0.125 per share of common stock, payable with respect to the quarter ended September 30, 2011. The dividend is expected to be paid on November 18, 2011 to shareholders of record as of the close of business on November 14, 2011. The Company's common shares will begin trading ex-dividend on November 10, 2011.

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