Northstar Realty Finance Corp. ( NRF ) will begin trading ex-dividend on August 14, 2014. A cash dividend payment of $0.5 per share is scheduled to be paid on August 22, 2014. Shareholders who purchased NRF stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $17.99, the dividend yield is 2.78%.
The previous trading day's last sale of NRF was $17.99, representing a -2.48% decrease from the 52 week high of $18.45 and a 12.79% increase over the 52 week low of $15.95.
NRF is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). NRF's current earnings per share, an indicator of a company's profitability, is -$.04. Zacks Investment Research reports NRF's forecasted earnings growth in 2014 as 265.98%, compared to an industry average of 5.2%.
Interested in gaining exposure to NRF through an Exchange Traded Fund [ETF]?
The following ETF(s) have NRF as a top-10 holding:
- iShares Mortgage Real Estate Capped ETF ( REM )
- Market Vectors Mortgage REIT Income ETF ( MORT )
- PowerShares DWA Financial Momentum Portfolio ( PFI )
- Vanguard Russell 2000 Value ETF ( VTWV )
- iShares Russell 2000 Value Index Fund ( IWN ).
The top-performing ETF of this group is MORT with an increase of 1.94% over the last 100 days. REM has the highest percent weighting of NRF at 8.96%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.