Newcastle Investment's Series D Preferred Stock Yield Pushes Past 8.5%
October 20, 2016 at 14:55 PM EDT
In trading on Thursday, shares of Newcastle Investment Corp's 8.375% Series D Cumulative Redeemable Preferred Stock (NCT. RD) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.0938), with shares changing hands as low as $24.58 on the day.