Rithm Capital Corp. Declares Third Quarter 2023 Common and Preferred Dividends
September 14 2023 - 4:15PM
Business Wire
Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the
“Company”) announced today that its Board of Directors (the
“Board”) has declared third quarter 2023 common and preferred stock
dividends.
Common Stock Dividend
The Board declared a dividend of $0.25 per share of common stock
for the third quarter 2023. The third quarter common stock dividend
is payable on October 27, 2023 to shareholders of record on
September 29, 2023.
Preferred Stock Dividends
In accordance with the terms of Rithm Capital’s 7.50% Series A
Cumulative Redeemable Preferred Stock (“Series A”), the Board
declared a Series A dividend for the third quarter 2023 of
$0.4687500 per share.
In accordance with the terms of Rithm Capital’s 7.125% Series B
Cumulative Redeemable Preferred Stock (“Series B”), the Board
declared a Series B dividend for the third quarter 2023 of
$0.4453125 per share.
In accordance with the terms of Rithm Capital’s 6.375% Series C
Cumulative Redeemable Preferred Stock (“Series C”), the Board
declared a Series C dividend for the third quarter 2023 of
$0.3984375 per share.
In accordance with the terms of Rithm Capital’s 7.00% Series D
Fixed-Rate Reset Cumulative Redeemable Preferred Stock (“Series
D”), the Board declared a Series D dividend for the third quarter
2023 of $0.4375000 per share.
Dividends for the Series A, Series B, Series C and Series D are
payable on November 15, 2023 to preferred shareholders of record on
October 16, 2023.
ABOUT RITHM CAPITAL
Rithm Capital is an asset manager focused on the real estate and
financial services industries. Rithm Capital’s investments in
operating entities include leading origination and servicing
platforms held through its wholly-owned subsidiaries, Newrez LLC,
Caliber Home Loans Inc. and Genesis Capital LLC, as well as
investments in affiliated businesses that provide residential and
commercial real estate related services. The Company seeks to
provide attractive risk-adjusted returns across interest rate
environments. Since inception in 2013, Rithm Capital has delivered
approximately $4.7 billion in dividends to shareholders. Rithm
Capital is organized and conducts its operations to qualify as a
real estate investment trust (REIT) for federal income tax purposes
and is headquartered in New York City.
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Investor Relations 212-850-7770 IR@RithmCap.com
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