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New Residential Investment increases dividend by 50%

Sep. 23, 2020 4:22 PM ETRithm Capital Corp. (RITM) StockBy: Akanksha Bakshi, SA News Editor84 Comments
  • New Residential Investment (NYSE:NRZ) declares $0.15/share quarterly dividend, 50% increase from prior dividend of $0.10.
  • Forward yield 8.05%
  • Payable Oct. 30; for shareholders of record Oct. 5; ex-div Oct. 2.
  • “We believe the 50% increase this quarter to our common stock dividend reflects our confidence in the potential earnings power of our Company and our commitment to driving shareholder value,” commented Michael Nierenberg, CEO.
  • See NRZ Dividend Scorecard, Yield Chart, & Dividend Growth.

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