Rithm Capital Corp. provides capital and services to the real estate and financial services sectors in the United States. Its investment portfolio comprises mortgage servicing related assets, residential securities and loans, and consumer loans. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022. Rithm Capital Corp. was incorporated in 2011 and is headquartered in New York, New York.
Rithm Capital Dividend Announcement
• Rithm Capital announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-01
• Rithm Capital annual dividend for 2024 was $0.75
• Rithm Capital annual dividend for 2023 was $1.00
• Rithm Capital's trailing twelve-month (TTM) dividend yield is 8.94%
• Rithm Capital's payout ratio for the trailing twelve months (TTM) is 155.65%
• Rithm Capital's dividend growth over the last five years (2018-2023) was -12.94% year
• Rithm Capital's dividend growth over the last ten years (2013-2023) was 7.29% year
Rithm Capital Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-01 | $0.25 | quarterly | 2024-11-01 |
2024-07-01 | $0.25 | quarterly | 2024-07-26 |
2024-03-28 | $0.25 | quarterly | 2024-04-26 |
2023-12-28 | $0.25 | quarterly | 2024-01-26 |
2023-09-28 | $0.25 | quarterly | 2023-10-27 |
2023-06-30 | $0.25 | quarterly | 2023-07-28 |
2023-03-30 | $0.25 | quarterly | 2023-04-28 |
2022-12-29 | $0.25 | quarterly | 2023-01-27 |
2022-10-03 | $0.25 | quarterly | 2022-10-28 |
2022-06-30 | $0.25 | quarterly | 2022-07-29 |
2022-04-01 | $0.25 | quarterly | 2022-04-29 |
2021-12-30 | $0.25 | quarterly | 2022-01-28 |
2021-10-01 | $0.25 | quarterly | 2021-10-29 |
2021-07-01 | $0.20 | quarterly | 2021-07-30 |
2021-04-01 | $0.20 | quarterly | 2021-04-30 |
2020-12-30 | $0.20 | quarterly | 2021-01-29 |
2020-10-02 | $0.15 | quarterly | 2020-10-30 |
2020-07-01 | $0.10 | quarterly | 2020-07-31 |
2020-04-14 | $0.05 | quarterly | 2020-05-15 |
2019-12-30 | $0.50 | quarterly | 2020-01-31 |
2019-10-02 | $0.50 | quarterly | 2019-10-31 |
2019-06-28 | $0.50 | quarterly | 2019-07-26 |
2019-04-03 | $0.50 | quarterly | 2019-04-26 |
2018-12-28 | $0.50 | quarterly | 2019-01-25 |
2018-09-28 | $0.50 | quarterly | 2018-10-26 |
2018-06-29 | $0.50 | quarterly | 2018-07-27 |
2018-03-29 | $0.50 | quarterly | 2018-04-27 |
2017-12-28 | $0.50 | quarterly | 2018-01-30 |
2017-09-29 | $0.50 | quarterly | 2017-10-27 |
2017-06-29 | $0.50 | quarterly | 2017-07-28 |
2017-03-23 | $0.48 | quarterly | 2017-04-28 |
2016-12-28 | $0.46 | quarterly | 2017-01-31 |
2016-09-29 | $0.46 | quarterly | 2016-10-28 |
2016-07-05 | $0.46 | quarterly | 2016-07-29 |
2016-03-31 | $0.46 | quarterly | 2016-04-29 |
2015-12-29 | $0.46 | quarterly | 2016-01-29 |
2015-10-01 | $0.46 | quarterly | 2015-10-30 |
2015-05-21 | $0.45 | quarterly | 2015-07-24 |
2015-03-24 | $0.38 | quarterly | 2015-04-30 |
2014-12-26 | $0.38 | quarterly | 2015-01-30 |
2014-09-25 | $0.17 | quarterly | 2014-10-31 |
2014-06-25 | $0.25 | quarterly | 2014-07-31 |
2014-03-27 | $0.17 | quarterly | 2014-04-30 |
2013-12-26 | $0.25 | quarterly | 2014-01-31 |
2013-09-25 | $0.17 | quarterly | 2013-10-31 |
2013-06-11 | $0.07 | quarterly | 2013-07-31 |
Rithm Capital Dividend per year
Rithm Capital Dividend growth
Rithm Capital Dividend Yield
Rithm Capital current trailing twelve-month (TTM) dividend yield is 8.94%. Interested in purchasing Rithm Capital stock? Use our calculator to estimate your expected dividend yield:
Rithm Capital Financial Ratios
Rithm Capital Dividend FAQ
Other factors to consider when evaluating Rithm Capital as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Rithm Capital's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Rithm Capital publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Rithm Capital distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Rithm Capital are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Rithm Capital sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Rithm Capital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Rithm Capital declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Rithm Capital's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Rithm Capital's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.