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New Residential Announces Tax Treatment of 2015 Dividends

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January 29, 2016 4:38 PM EST

NEW YORK--(BUSINESS WIRE)-- New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the “Company”) today announced the tax treatment of its 2015 common stock dividend payments.

Common Stock Dividends

During 2015, taxable dividends for New Residential’s common stock (CUSIP #64828T201) were $1.75 per share. The following table summarizes the tax treatment for the 2015 common stock dividend payments.

  Record   Pay       Ordinary   Qualified   Long-Term   Return of
Date Date Distribution Form Dividend Dividend(1) Capital Gain Capital
1Q15 03/26/15 04/30/15 0.380000 Cash 0.353084 0.005909 0.026916 0.000000
2Q15 05/26/15 07/24/15 0.450000 Cash 0.418126 0.006998 0.031874 0.000000
3Q15 10/05/15 10/30/15 0.460000 Cash 0.427418 0.007153 0.032582 0.000000
4Q15(2) 12/31/2015 1/29/2016 0.460000 Cash 0.427418 0.007153 0.032582 0.000000
  Total 1.750000   1.626046 0.027213 0.123954 0.000000

(1) Qualified Dividend is a subset of, and included in, the Ordinary Dividend amount.

(2) The entire 4Q15 common stock dividend (paid in January 2016) is being treated as having been received by stockholders and taxable in 2015. Similarly, the entire 4Q14 common stock dividend (paid in January 2015) was treated as having been received by stockholders and taxable in 2014.

The data provided in this press release is provided for informational purposes only and does not constitute tax advice. Stockholders are urged to consult their own tax advisors regarding any issues or decisions regarding the proper tax treatment of their shares of New Residential.

ABOUT NEW RESIDENTIAL

New Residential focuses on opportunistically investing in, and actively managing, investments related to residential real estate. The Company primarily targets investments in mortgage servicing related assets and other related opportunistic investments. New Residential is organized and conducts its operations to qualify as a real estate investment trust (“REIT”) for federal income tax purposes. The Company is managed by an affiliate of Fortress Investment Group LLC (NYSE: FIG), a global investment management firm.

New Residential Investment Corp.
Investor Relations, 212-479-3150

Source: New Residential Investment Corp.


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