Can Rithm Capital's 8.5% Yield Continue to Dance to the Dividend Tune?
RITMRithm Capital (RITM) ZACKS·2024-09-24 23:50

Rithm Capital Corp. (RITM) recently announced its board's approval for third-quarter 2024 dividends for both common and preferred stockholders. The common stock dividend remains steady at 25 cents per share, the same as the previous quarter. It will be paid on Nov. 1, 2024, to stockholders of record as of Oct. 1.The company continues to maintain a higher-than-industry dividend yield. Based on the closing price of $11.78 per share on Sept. 23, the stock has a dividend yield of 8.5%, which is higher than the ...