Colony Financial (CLNY) Tops Q3 FFO by 3c
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Colony Capital Announces Third Quarter 2016 Financial Results
November 7, 2016 7:09 AM ESTLOS ANGELES--(BUSINESS WIRE)-- Colony Capital, Inc. (NYSE: CLNY) and subsidiaries (collectively, the Company) today announced financial results for the third quarter ended September 30, 2016 and declared a dividend of $0.40 per share of Class A and Class B common stock for the fourth quarter of 2016.
Third Quarter 2016 Highlights
Net income attributable to common stockholders of $22.9 million, or $0.20 per basic share. Core funds from operations (Core FFO) of $70.0 million, or $0.52 per basic share; Funds from operations (FFO) of $47.0 million, or $0.35 per basic share.... More