Northstar Realty Finance Corp. (NRF) Reported Q2 AFFO of $0.61, Declares $0.10 Dividend

August 4, 2011 9:58 AM EDT
Northstar Realty Finance Corp. (NYSE: NRF) reported Q2 AFFO of $0.61, versus $0.41 reported last year. Revenue for the quarter came in at $140.05 million versus the consensus estimate of $122.96 million.

On August 3, 2011, NorthStar announced that its Board of Directors declared a cash dividend of $0.10 per share of common stock, payable with respect to the quarter ended June 30, 2011. The dividend is expected to be paid on August 19, 2011 to shareholders of record as of the close of business on August 15, 2011. The Company's common shares will begin trading ex-dividend on August 11, 2011.

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