Gramercy AFFO turns positive; expects to start common dividend in Q1

|About: Gramercy Property Trust,... (GPT)|By:, SA News Editor

Gramercy Property Trust (GPT): Q3 AFFO turns positive for the first time since the turnaround, posting a gain of $2.2M, or $0.04 per share.

With postponed preferred stock dividends expected to be paid off in Q4, company announces expectations to initiate common stock dividend in 2014 Q1.

CC at 2 ET.