More on Newcastle Investment (NCT) Q4 earnings: Core EPS of $0.19 down from $0.30 a year ago....


More on Newcastle Investment (NCT) Q4 earnings: Core EPS of $0.19 down from $0.30 a year ago. Cash available for distribution of $35M, up from $18M a year ago. Book value/share of $5.86, up 26.8% Y/Y. MSR investments of $245M UPB generated IRR of 19% vs. expectations for 18%. Conference call set for 8:30 ET. Spinoff of New Residential still slated by the end of Q1. Shares +0.4% premarket. (PR)

Comments (1)
  • Michael Bryant
    , contributor
    Comments (6924) | Send Message
     
    "Cash available for distribution of $35M, up from $18M a year ago."

     

    Does that mean (NCT) will raise its dividend by 50%?
    28 Feb 2013, 02:06 PM Reply Like
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