Investors should note that the ex-dividend date is set by the NYSE. Under the rules of the NYSE, when a distribution is declared in a per share amount that exceeds 25% of a company’s stock price, the date on which that company’s shares will begin to trade without the dividend, or ex-dividend, is the first business day following the payment date. Accordingly, the NYSE has informed the Company that it will set an ex-dividend date for the cash liquidating distribution of January 29, 2018. On the record date of January 19, 2018, the NYSE will attach a due bill to the shares of NYRT which represents the right to receive the distribution payable on January 26, 2018. Consequently, if a shareholder as of the recor…
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