Any disappointment over Newcastle's (NCT) earning $0.16/share available for distribution in Q2...

|About: Newcastle Investment Corp. (NCT)|By:, SA News Editor

Any disappointment over Newcastle's (NCT) earning $0.16/share available for distribution in Q2 (vs. $0.20 dividend in Q1) should be tempered by the earnings call disclosure the company had $240M in uninvested capital for most of the quarter. All of this has now been put to work, says Chariman Wes Edens, and Q3 results should benefit. (earnings)