New York REIT (NYRT) Declares $0.0383333333 Monthly Dividend; 4.8% Yield

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New York REIT, Inc. Announces Common Stock Dividend for September 2016

August 31, 2016 4:30 PM EDT

NEW YORK, Aug. 31, 2016 /PRNewswire/ -- New York REIT, Inc. ("NYRT") (NYSE: NYRT), announced today that, pursuant to the authorization of its board of directors, NYRT will pay a dividend for the month of September 2016 equal to $0.038333333 per share to stockholders of record at the close of business on September 8, 2016 and payable on September 15, 2016. On August 21, 2016, NYRT's board of directors approved a Plan of Liquidation (the "Plan") to sell all or substantially all of the assets of NYRT and its operating partnership and to liquidate and dissolve NYRT and its operating partnership.... More