Gramercy Capital Corp (GKK)


Price/Share*:

$1.68

Annual Dividend:

$2.52

Dividend Yield:

150.00%

Pay Date:

07/15

Ex-Dividend Date:

06/26

Record Date:

06/30


Dividend Payout Frequency: Quarterly

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Company Profile & Recommendation

Company Profile Company Profile

Gramercy Capital Corp- (GKK)-is a real estate investment trust specializing in the origination and acquisition of first mortgage loans; subordinate interests in whole loans (B Notes); mezzanine financing; preferred equity; bridge loans; and permanent loans. Gramercy Capital Corp. was founded in April 2004 and is based in New York City with an additional office in Los Angeles, California. As a REIT, capital gains are accounted for differently, so please consult with a tax advisor. We believe the dividend may carry some risk of being cut.


* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.