CreXus Investment Corp. Announces 3rd Quarter
Dividend of $0.17 per Share
September 20, 2010 04:08 PM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--The Board of Directors of CreXus Investment Corp. (NYSE:
CXS) declared the third quarter 2010 common stock cash dividend of $0.17 per common share. This dividend is
payable October 28, 2010 to common shareholders of record on September 30, 2010. The ex-dividend date is
September 28, 2010.
Kevin Riordan, the Chief Executive Officer and President of CreXus, commented on the company’s results. “Our
third quarter dividend increase reflects the implementation of our strategy and the significant progress we have made
in ramping up our portfolio. While these results do not reflect our full run rate, our pipeline of actionable investment
opportunities is growing and I believe our prudent and careful diligence process will reward investors over the long-
CreXus distributes dividends based on its current estimate of taxable earnings per common share, not GAAP
earnings. Taxable and GAAP earnings will typically differ due to items such as differences in premium amortization
and discount accretion, non-taxable unrealized and realized gains and losses, credit loss recognition, and non-
deductible general and administrative expenses.
CreXus acquires, manages, and finances, directly or through its subsidiaries, commercial mortgage loans and other
commercial real estate-related debt, commercial mortgage-backed securities, other commercial real estate-related
assets, and, to the extent necessary for regulatory purposes, residential mortgage-backed securities. Our principal
business objective is to provide attractive risk-adjusted returns to our investors over the long-term, primarily through
dividends and secondarily through capital appreciation. We are a Maryland corporation that has elected to be taxed
as a real estate investment trust (“REIT”), and currently have 18,120,112 shares of common stock outstanding.
This news release an