Newcastle Investment Corp's Series C Cumulative Redeemable Preferred Stock Shares Cross 8% Yield Mark
September 25, 2014 at 14:13 PM EDT
In trading on Thursday, shares of Newcastle Investment Corp's 8.05% Series C Cumulative Redeemable Preferred Stock (NCT. RC) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.0125), with shares changing hands as low as $25.00 on the day.