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Newcastle Investment Corp's Series C Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 9/29/15, Newcastle Investment Corp's 8.05% Series C Cumulative Redeemable Preferred Stock (Symbol: NCT.PRC) will trade ex-dividend, for its quarterly dividend of $0.5031, payable on 10/30/15. As a percentage of NCT.PRC's recent share price of $25.00, this dividend works out to approximately 2.01%, so look for shares of NCT.PRC to trade 2.01% lower - all else being equal - when NCT.PRC shares open for trading on 9/29/15. On an annualized basis, the current yield is approximately 8.05%, which compares to an average yield of 7.12% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of NCT.PRC shares, versus NCT:

Performance Comparison Chart

Below is a dividend history chart for NCT.PRC, showing historical dividends prior to the most recent $0.5031 on Newcastle Investment Corp's 8.05% Series C Cumulative Redeemable Preferred Stock:

NCT.PRC+Dividend+History+Chart

In Friday trading, Newcastle Investment Corp's 8.05% Series C Cumulative Redeemable Preferred Stock (Symbol: NCT.PRC) is currently trading flat on the day, while the common shares (Symbol: NCT) are trading flat.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

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.

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