After the bell yesterday, Northstar Realty (NYSE:NRF) declared its quarterly dividend of 10 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 9.2% going forward.
In afternoon trading, shares of NRF were higher, picking up 2.6% so far.
In other dividend news, Morgan Stanley (NYSE:MS) maintained its quarterly dividend of 5 cents per share. Encana Corporation (NYSE:ECA) maintained its quarterly dividend of 20 cents per share. Northern Trust (NASDAQ:NTRS) maintained its quarterly dividend of 28 cents per share. And Altera Corporation (NASDAQ:ALTR) maintained its quarterly dividend of 6 cents per share.
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