Newcastle Investment Corporation ( NCT ) will begin trading ex-dividend on September 29, 2015. A cash dividend payment of $0.12 per share is scheduled to be paid on October 30, 2015. Shareholders who purchased NCT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NCT has paid the same dividend. At the current stock price of $4.9, the dividend yield is 9.8%.
The previous trading day's last sale of NCT was $4.9, representing a -81.04% decrease from the 52 week high of $25.84 and a 22.5% increase over the 52 week low of $4.
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 $.12. Zacks Investment Research reports NCT's forecasted earnings growth in 2015 as -43%, compared to an industry average of -4.1%.
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