Dividend Watching: The $0.15 mark is well within reach for NorthStar Realty Europe Corp. (NYSE:NRE).

Dividend Watching: The $0.15 mark is well within reach for NorthStar Realty Europe Corp. (NYSE:NRE).

NorthStar Realty Europe Corp. (NYSE:NRE) is expected to pay $0.15 on Nov 18, 2016. The indicated annual dividend is $0.60. Shareholders owning the stock before Nov 9, 2016 will be eligible to receive the payout. Based on NorthStar Realty Europe Corp.’s current price of $10.00, the dividend is 1.50%. This dividend’s record date is Nov 14, 2016 and the announcement date is Nov 3, 2016. The stock increased 2.88% or $0.28 during the last trading session, hitting $10. Northstar Realty Europe Corp (NYSE:NRE) has declined 16.28% since April 5, 2016 and is downtrending. It has underperformed by 18.24% the S&P500.

NorthStar Realty Europe Corp. is a real estate investment trust. The company has a market cap of $590.84 million. The Firm is a European focused commercial real estate firm with primary office properties in cities within Germany, the United Kingdom and France. It currently has negative earnings. The Company’s objective is to provide its stockholders with stable and recurring cash flow supplemented by capital growth over time.

NRE Company Profile

NorthStar Realty Europe Corp., incorporated on June 18, 2015, is a real estate investment trust (REIT). The Firm is a European focused commercial real estate firm with primary office properties in cities within Germany, the United Kingdom and France. The Company’s objective is to provide its stockholders with stable and recurring cash flow supplemented by capital growth over time. The Firm conducts its business through two divisions: Real Estate and Corporate. The Real Estate segment includes its European commercial real estate business, which is primarily focused on office properties. The Corporate segment includes corporate level interest expense, management fee, and general and administrative expenses.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment