NorthStar Realty Finance's Series C Preferred Stock Crosses Above 8.5% Yield Territory
January 27, 2015 at 14:53 PM EST
In trading on Tuesday, shares of NorthStar Realty Finance Corp's 8.875% Series C Cumulative Redeemable Preferred Stock (NRF. RC) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.2188), with shares changing hands as low as $26.10 on the day.