November 06, 2012 at 15:54 PM EST
Newcastle Investment Corp's 8.05% Series C Cumulative Redeemable Preferred Stock Yield Pushes Past 8%
In trading on Tuesday, shares of Newcastle Investment Corp's 8.05% Series C Cumulative Redeemable Preferred Stock (NCT. RC) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.0125), with shares changing hands as low as $25.14 on the day.
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