Colony NorthStar: The Bottom Is In [Seeking Alpha]
COLONY NORTHSTAR INC (CLNS)
Last colony northstar inc earnings: 5/10 06:30 am
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US:NYSE Investor Relations:
ir.clns.com
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Source: Seeking Alpha
Colony NorthStar: The Bottom Is InSummaryColony NorthStar slashed its dividend payout by ~60 percent in March.The new $0.11/share quarterly dividend, however, is sustainable and covered by run rate core FFO.Shares sell for a huge discount to book value.Colony NorthStar is oversold, and the bottom appears to be in.An investment in CLNS yields 7.75 percent.
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