New Residential Investment (NRZ) Raises Quarterly Dividend 33.3% to $0.20; 8.3% Yield

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Go back to New Residential Investment (NRZ) Raises Quarterly Dividend 33.3% to $0.20; 8.3% Yield

New Residential Investment Corp. Declares Fourth Quarter 2020 Common and Preferred Dividends

December 16, 2020 4:15 PM EST

NEW YORK--(BUSINESS WIRE)-- New Residential Investment Corp. (NYSE: NRZ; New Residential or the Company) announced today that its Board of Directors (the Board) has declared fourth quarter 2020 common and preferred stock dividends.

We are pleased to announce a common stock dividend increase for the third consecutive quarter, said Michael Nierenberg, Chairman, Chief Executive Officer and President of New Residential. Todays dividend increase reflects our confidence in the earnings power and strong financial position of our Company as we continue to focus on unlocking value for all stakeholders.

Common Stock Dividend

The Board declared a quarterly dividend of $0.20... More