Colony Credit Real Estate Inc (NYSE:CLNC) announced a monthly dividend on Wednesday, November 7th, Wall Street Journal reports. Shareholders of record on Friday, November 30th will be paid a dividend of 0.145 per share on Monday, December 10th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 8.73%. The ex-dividend date of this dividend is Thursday, November 29th.
Shares of NYSE:CLNC opened at $19.92 on Thursday. Colony Credit Real Estate has a 52 week low of $17.66 and a 52 week high of $23.23. The company has a quick ratio of 6.73, a current ratio of 6.73 and a debt-to-equity ratio of 0.29.
Colony Credit Real Estate (NYSE:CLNC) last announced its quarterly earnings data on Tuesday, November 6th. The company reported $0.30 EPS for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.05). The business had revenue of $29.96 million for the quarter, compared to the consensus estimate of $126.10 million. Equities analysts anticipate that Colony Credit Real Estate will post 1.47 earnings per share for the current fiscal year.
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Colony Credit Real Estate Company Profile
Colony Credit Real Estate, Inc operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties.
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