New Residential Investment (NRZ) Raises Quarterly Dividend 2.2% to $0.46; Appoints New CFO

New Residential Investment (NYSE: NRZ) declared a quarterly dividend of $0.46 per share, or $1.84 annualized. This is a 2.2% increase from the prior dividend of $0.45.

The dividend will be payable on October 30, 2015, to stockholders of record on October 5, 2015, with an ex-dividend date of October 1, 2015.

The annual yield on the dividend is 12.7 percent.

NRZ also announced the appointment of Nicola Santoro, Jr. as the Company’s new Chief Financial Officer.

Mr. Santoro joins New Residential from FXCM Inc., where he was the Chief Accounting Officer, overseeing the firm’s global financial reporting, tax and financial planning. Prior to his role at FXCM Inc., he was the Chief Financial Officer of Financial Guaranty Insurance Company. Mr. Santoro is a registered Certified Public Accountant.

“We are excited to welcome Nick to New Residential as the new Chief Financial Officer,” said Michael Nierenberg, Chief Executive Officer of New Residential. “With over 20 years of financial management experience, Nick is a strong addition to our team.“

Mr. Santoro succeeds Jonathan Brown, who has served as New Residential’s Interim Chief Financial Officer since October 2014. Mr. Brown will remain at New Residential and continue his role as Chief Accounting Officer.

“We would like to thank Jonathan for his service as Interim Chief Financial Officer while we conducted the search for our permanent Chief Financial Officer, and for continuing to serve as New Residential’s Chief Accounting Officer,” said Mr. Nierenberg.

For a dividend history and other dividend-related data on New Residential Investment (NRZ) click here.

You May Also Be Interested In

• Atmus Filtration Technologies (ATMU) Raises Quarterly Dividend 9.1% to $0.06; 0.5% Yield
• Z Squared outlines AI power strategy and Paradox Data acquisition
• Xylem (XYL) Declares $0.43 Quarterly Dividend; 1.4% Yield