NEW YORK, Nov. 1, 2016 /PRNewswire/ -- NorthStar Realty
Finance Corp. (NYSE: NRF) ("NorthStar Realty") today announced that
its Board of Directors has declared a cash dividend of $0.40 per share of common stock, payable with
respect to the quarter ended September
30, 2016. The dividend is expected to be paid on
November 18, 2016 to shareholders of
record as of the close of business on November 14, 2016. NorthStar Realty's
common shares will begin trading ex-dividend on November 9, 2016.
About NorthStar Realty Finance Corp.
NorthStar Realty Finance Corp. (NYSE: NRF) is a diversified
commercial real estate company that is organized as a REIT and is
managed by an affiliate of NorthStar Asset Management Group Inc.
(NYSE: NSAM), a global asset management firm. For more
information about NorthStar Realty Finance Corp., please visit
www.nrfc.com.
Safe Harbor Statement
Certain items in this press release may constitute
forward-looking statements, which can be identified by words like
"expect," "will," and similar expressions. These statements are
based on management's current expectations and beliefs and are
subject to a number of trends and uncertainties that could cause
actual results to differ materially from those described in the
forward-looking statements; NorthStar Realty can give no assurance
that its expectations will be attained, including any expectation
regarding payment of dividends. Forward-looking statements are
necessarily speculative in nature, and it can be expected that some
or all of the assumptions underlying any forward-looking statements
will not materialize or will vary significantly from actual
results. Variations of assumptions and results may be material.
Factors that could cause actual results to differ materially from
NorthStar Realty 's expectations include, but are not limited to,
NorthStar Realty's liquidity and financial flexibility; NorthStar
Realty's future cash available for distribution and contractual
restrictions on dividend payments; NorthStar Realty's use of
leverage; and the strength and growth of NorthStar Realty's
business. Factors that could cause actual results to differ
materially from those in the forward-looking statements are
specified in NorthStar Realty's Annual Report on Form 10-K for the
year ended December 31, 2015, its
Quarterly Report on Form 10-Q for the quarter ended June 30, 2016 and its other filings with the
Securities and Exchange Commission. Such forward-looking statements
speak only as of the date of this press release. NorthStar Realty
expressly disclaims any obligation to release publicly any updates
or revisions to any forward-looking statements contained herein to
reflect any change in its expectations with regard thereto or
change in events, conditions or circumstances on which any
statement is based.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/northstar-realty-finance-declares-third-quarter-common-stock-dividend-300355285.html
SOURCE NorthStar Realty Finance Corp.