RITM.PRC

Rithm Capital's Series C Preferred Stock Shares Cross 6.5% Yield Mark

In trading on Thursday, shares of Rithm Capital Corp's 6.375% Ser C Fixed/Float Cumul Red Prfd Stock (Symbol: RITM.PRC) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low as $24.00 on the day. This compares to an average yield of 7.86% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, RITM.PRC was trading at a 0.80% discount to its liquidation preference amount, versus the average discount of 12.67% in the "Real Estate" category.

The chart below shows the one year performance of RITM.PRC shares, versus RITM:

Performance Comparison Chart

Below is a dividend history chart for RITM.PRC, showing historical dividend payments on Rithm Capital Corp's 6.375% Ser C Fixed/Float Cumul Red Prfd Stock:

RITM.PRC+Dividend+History+Chart


Free Report: Top 8%+ Dividends (paid monthly)

In Thursday trading, Rithm Capital Corp's 6.375% Ser C Fixed/Float Cumul Red Prfd Stock (Symbol: RITM.PRC) is currently up about 0.2% on the day, while the common shares (Symbol: RITM) are up about 0.2%.

Also see:
• Institutional Holders of PRQR
• Institutional Holders of VEON
• Funds Holding AVK

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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