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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Ernest K Brandt who wrote (20112)6/25/2014 10:41:48 AM
From: Steve Felix  Respond to of 34328
 
Haven't seen anything re: the dividends. This is as close as it got in their last call:

Stephen Laws - Deutsche BankGreat. And then, one last question, I actually hate asking about dividends, but given the upcoming spend in June, and I believe particularly your second quarter dividends is only paid in August. Any color into how you’re going to approach the second quarter dividends around the spend as far as either paying it before the spend or go ahead and splitting up a Q2 dividend and having a separate dividend in our NSAM?

David Hamamoto - Chairman and CEOStephen, we’re still taking some of that under advisement and also depends on the timing of the spend and a few other considerations which we, nothing specific to report on that yet.



To: Ernest K Brandt who wrote (20112)6/25/2014 7:52:13 PM
From: Steve Felix  Read Replies (1) | Respond to of 34328
 
Looks like after tomorrow, I would be too confused to trade NRF for a few days anyway. gg

Trading Before the Distribution Date

The NYSE has informed NorthStar Realty that, in connection with the Spin-Off, there will be three trading markets expected on Friday, June 27, 2014 and Monday, June 30, 2014:

  • In the "regular way" trading market (NYSE: NRF), shares of NorthStar Realty common stock will trade with the right to the NSAM common shares in the Distribution.
  • In the "ex-distribution" market (NYSE: NRF WI), shares of NorthStar Realty common stock will trade without the right to receive shares of NSAM in the Distribution and on a post NorthStar Realty reverse stock split basis.
  • In the "when-issued" market (NYSE: NSAM WI), the right to the NSAM common shares to be distributed on the Distribution Date and on a post NorthStar Realty reverse stock split basis.
Read more: http://www.nasdaq.com/press-release/northstar-realty-finance-corp-announces-record-date-and-distribution-date-for-spinoff-of-northstar-20140624-01041#ixzz35gwblQWk