It's a sure bet that analysts will ask about NEWM's dividend policy on the 4Q cc. In Newcastle's presentation re the NEWM spinoff, Wes Edens suggested that he expected NEWM to pay out a large portion of its cash flow as dividends. For 4Q 2013, NEWM reported "Distributable Cash Flow" per share of 90 cents. I'd guess NEWM will set the quarterly dividend somewhere in a range of $0.45-0.68 per share.
Wes was very clear on a previous call that there was not going to be a dividend paid in Q1 but would be instituted in Q2. That gives them a better idea of how the post bankruptcy co. is performing and adds to their war chest for further acquisitions.
The loser is you who doesn't even know how to comprehend earnings, projections and stated intentions. Hey, I saw you floating in the pool last night in Caddyshack. You swim pretty good with no arms or legs.