NorthStar Asset Management Group (NSAM)

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NorthStar Asset Management declares $1.16 dividend

Dec. 22, 2016 4:27 PM ET|About: NorthStar Asset Management Group, Inc. (NSAM)



•NorthStar Asset Management (NYSE:NSAM) declares $1.16/share special dividend.

•The Special Dividend is being made in connection with the previously announced combination of NSAM, Colony Capital and NorthStar Realty Finance Corp.and is contingent on the closing of the Merger, which is expected to be on Jan. 10, 2017, subject to customary closing conditions.

•The Special Dividend is expected to be paid following the closing of the Merger and will be determined based on a record date of Jan. 3, 2017.