Colony Starwood Homes (SFR) Misses Q4 EPS by 11c

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Colony Starwood Homes Announces Fourth Quarter and Full Year 2015 Financial and Operating Results and Post-Merger Update

February 29, 2016 6:45 AM EST

- Merger Integration Substantially Complete with 80% of the Projected $50 Million of Synergies Realized -

- Converted Approximately $1.6 Billion of Variable Rate Financing to Fixed Rate -

- Board Approves 16% Increase in Annual Dividend Rate to $0.88 Per Common Share

Company Intends to Complete NPL Wind Down by End of 2017

- Board Authorizes $100 Million Increase in Share Repurchase Program to $250 Million

- Company Provides Initial 2016 Financial Guidance -

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Colony Starwood Homes (NYSE:... More