Northstar Realty Finance (NRF) Passes Through 9% Yield Mark
In a press conference Friday, Finance Minister P. Chidambaram tried to restore confidence even as he acknowledged that the country was facing a challenging time. “We believe that the rupee is undervalued and has overshot what is generally believed to be a reasonable and appropriate level,” he said, according to a written statement. “Capital inflows will, in due course, correct the position.” India has been caught up in an emerging markets sell-off , triggered by talk of tighter U.S. monetary policy .
Wauthier is the second top Swiss executive in five weeks to have taken his life after Carsten Schloter, 49, chief executive officer for Swisscom AG (SCMN) , Switzerlands biggest phone company, was found dead at his home on July 23. Wauthier, a married father of two, was appointed CFO at Switzerland s largest insurer in September 2011 after previous roles as group treasurer and head of centrally managed businesses. The board of directors, group executive committee and all of our colleagues are deeply saddened and pass on our condolences to the family and relatives, Chief Executive Officer Martin Senn said in a statement yesterday. Schlatter said that Wauthier lived in Walchwil, a municipality on the eastern shore of Lake Zug.
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An industry leader with almost 10 years of senior lending experience, Andrew joined Wells Fargo Capital Finance in 2007 as a Loan Originations Analyst. Over the past six years, Andrew has been an important contributor to the regionas success and has played a significant role in helping strengthen the New England franchise. Andrew has an MBA from Babson College and a Bacheloras Degree from Bridgewater State University. aChristian and Andrew have had extraordinary success during their years at Wells Fargo,a stated Jim Marasco, head of loan originations at Wells Fargo Capital Finance.
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But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 9% would appear considerably attractive if that yield is sustainable. Northstar Realty Finance Corp ( NYSE: NRF ) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.