RITM.PR.B sets a $0.6103 payout for Q3, yielding 9.71% based on current share price.
Rithm Capital Corp. has declared a quarterly dividend of $0.6103 per share for its 7.125% Series B Preferred Stock (RITM.PR.B). The dividend reflects a forward yield of 9.71%, based on the latest trading price.
The payout is scheduled for August 17, with the record date and ex-dividend date both set for July 31. The company’s prior dividend for the series was consistent with this quarter’s announcement.
No immediate market reaction was disclosed following the announcement.