TMCnet News
New Residential Declares a Third Quarter Dividend of $0.50 per Common ShareNew Residential Investment Corp. (NYSE:NRZ; "New Residential" or the "Company") announced today that its Board of Directors declared a quarterly dividend of $0.50 per common share for the third quarter of 2018. The dividend is payable on October 26, 2018 to shareholders of record on October 1, 2018. ABOUT NEW RESIDENTIAL New Residential focuses on opportunistically investing in, and actively managng, investments related to residential real estate. The Company primarily targets investments in mortgage servicing related assets and other related opportunistic investments. New Residential is organized and conducts its operations to qualify as a real estate investment trust ("REIT") for federal income tax purposes. The Company is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180920005822/en/ |
