Colony Financial (CLNY) Announces $0.004444/Share Pro-Rata Dividend Related to NorthStar Merger

Colony Capital, Inc. (NYSE: CLNY) today announced its Board of Directors has declared a pro rata dividend at the current rate in accordance with the agreement and plan of merger among Colony Capital, NorthStar Realty Finance Corp. (NYSE: NRF), and NorthStar Asset Management Group Inc. (NYSE: NSAM).

The Pro Rata Dividend will be $0.004444 per share of common stock per day, which is the daily equivalent of the current quarterly dividend rate of $0.40 per share, and will accrue from January 1, 2017, up to and including the closing date of the Merger. The Merger is expected to close on January 10, 2017, subject to customary closing conditions, and the dividend will be paid as soon as reasonably practicable following closing of the Merger to shareholders of record as of January 9, 2017.

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