New Residential Investment (NRZ) Declares $0.25 Quarterly Dividend; 10.1% Yield

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Go back to New Residential Investment (NRZ) Declares $0.25 Quarterly Dividend; 10.1% Yield

New Residential Investment Corp. Completes Previously Announced Acquisition of Caliber Home Loans, Inc. and Raises Third Quarter 2021 Common Dividend to $0.25

August 23, 2021 4:15 PM EDT

New Residential to combine Newrez and Caliber platforms into premier financial services company New Residential declares increased third quarter 2021 common dividend of $0.25 per common share

NEW YORK--(BUSINESS WIRE)-- New Residential Investment Corp. (NYSE: NRZ; New Residential or the Company) announced today that it completed the previously announced acquisition of Caliber Homes Loans, Inc. (Caliber), a leading mortgage originator and servicer. The transaction was initially announced on April 14, 2021.

The completion of the Caliber acquisition is another significant step in growing a leading mortgage company with tremendous earnings power within New Residential, said Michael... More