Form 8-K NORTHSTAR REALTY FINANCE For: Feb 26
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Northstar Realty Finance (NRF) Declares $0.40 Quarterly Dividend; 8.5% Yield
February 26, 2015 9:08 AM ESTNorthstar Realty Finance (NYSE: NRF) declared a quarterly dividend of $0.40 per share, or $1.6 annualized.
The dividend will be payable on March 13, 2015, to stockholders of record on March 9, 2015, with an ex-dividend date of March 5, 2015.
The annual yield on the dividend is 8.5... More
Northstar Realty Finance (NRF) Will Spin European Real Estate Assets into Public REIT
February 26, 2015 8:40 AM ESTNorthstar Realty Finance (NYSE: NRF) announced that its Board of Directors unanimously approved a plan to spin-off its European real estate business into a separate publicly-traded REIT, NorthStar Realty Europe Corp. ("NorthStar Realty Europe"). NorthStar Realty Europe is expected to be listed on the New York Stock Exchange and the Company is evaluating a dual-listing in Europe. NorthStar Realty Europe will be managed by NorthStar Asset Management Group Inc. (NYSE: NSAM) pursuant to a management agreement substantially consistent with NorthStar Realty's existing management agreement with NSAM. NorthStar Realty currently... More
