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GKK ex-dividend on 9/26 (2.3%)

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Gramercy Capital, a commercial mortgage REIT, will pay a regular quarterly dividend of $0.630 on Oct 15th to holders as of Wednesday, September 26. That’s 2.3% of the share price of $27.270, or a 9% annual yield. GKK managed to maintain its dividend this quarter, but watch out for weakening fundamentals. Play the cool down.

GKK quote

This entry was posted on Friday, September 21st, 2007 at 11:09 am and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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