Colony Financial Declares $0.05/Share Special Dividend, Updates Record Date for $0.35/Share Qtr. Dividend


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


The Board of Directors of Colony Financial, Inc. (NYSE: CLNY) (the “Company”)has declared a special dividend for 2012 of $0.05 per common share thatresults from a distribution of the balance of the Company's estimated taxableincome for 2012. The special dividend will be paid on January 15, 2013 tostockholders of record on December 27, 2012.In addition, the Company also announced today that the record date of itspreviously announced quarterly dividend of $0.35 per common share for thefourth quarter of 2012 has been changed to December 27, 2012. However, therecord date of December 31, 2012 remains unchanged for the fourth quarterdividend payable on January 15, 2013 for the Company's 8.50% Series ACumulative Perpetual Preferred Stock with liquidation preference of $25 pershare.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: NewsDividends