UPDATE: Sutherland Asset Management Corporation (SLD) Lowers Quarterly Dividend 12.5% to $0.35; 10.5% Yield

(Updated - December 21, 2016 5:29 PM EST)

Sutherland Asset Management Corporation (NYSE: SLD) declared a quarterly dividend of $0.35 per share, or $1.4 annualized. This is a 12.5% decrease from the prior dividend of $.40.

The dividend will be payable on January 27, 2017, to stockholders of record on December 30, 2016, with an ex-dividend date of December 28, 2016.

The annual yield on the dividend is 10.5 percent.

For a dividend history and other dividend-related data on Sutherland Asset Management Corporation (sld) click here.

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