Newcastle Investment Corp Increases First Quarter Common Dividend To $0.20 Per Share And Declares Preferred Dividends

Newcastle Investment Corp announced that its Board of Directors has declared a quarterly dividend of $0.20 per common share for the first quarter of 2012, representing a 33% increase from the prior quarter's dividend of $0.15 per common share. The dividend is payable on April 30, 2012 to shareholders of record on March 26, 2012. The Board of Directors also declared dividends on the Company's Series B, Series C and Series D preferred stock for the period beginning February 1, 2012 and ending April 30, 2012. The dividends are payable on April 30, 2012 to shareholders of record on March 26, 2012. The Company will pay total dividends of $0.609375, $0.503125 and $0.523438 per share on the 9.75% Series B, 8.05% Series C and 8.375% Series D preferred stock, respectively.