Newcastle Investment Corporation ( NCT ) has announced an ex-dividend date of December 26, 2012 and a cash dividend payment of $0.22 per share scheduled for January 31, 2013. Shareholders who purchased NCT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 46.67% increase over the same period a year ago. At the current stock price of $8.79, the dividend yield is 10.01%.
The previous trading day's last sale of NCT was $8.79, representing a -1.35% decrease from the 52 week high of $8.91 and a 92.34% increase over the 52 week low of $4.57.
NCT is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). NCT's current earnings per share, an indicator of a company's profitability, is $2.7. Zacks Investment Research reports NCT's forecasted earnings growth in 2012 as -20.83%, compared to an industry average of -6%.
For more information on the declaration, record and payment dates, visit the NCT Dividend History page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.