Newcastle Investment Corporation ( NCT ) will begin trading ex-dividend on December 22, 2015. A cash dividend payment of $0.12 per share is scheduled to be paid on January 29, 2016. Shareholders who purchased NCT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that NCT has paid the same dividend. At the current stock price of $4.07, the dividend yield is 11.79%.
The previous trading day's last sale of NCT was $4.07, representing a -25.87% decrease from the 52 week high of $5.49 and a 8.24% increase over the 52 week low of $3.76.
NCT is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and Public Storage ( PSA ). NCT's current earnings per share, an indicator of a company's profitability, is $.15. Zacks Investment Research reports NCT's forecasted earnings growth in 2015 as -45%, compared to an industry average of -3.4%.
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