Rithm Capital Corp. Declares Fourth Quarter 2023 Common and Preferred Dividends
December 12 2023 - 5:30PM
Business Wire
Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the
“Company”) announced today that its Board of Directors (the
“Board”) has declared fourth 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 fourth quarter 2023. The fourth quarter common stock
dividend is payable on January 26, 2024 to shareholders of record
on December 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 fourth 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 fourth 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 fourth 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 fourth quarter
2023 of $0.4375000 per share.
Dividends for the Series A, Series B, Series C and Series D are
payable on February 15, 2024 to preferred shareholders of record on
January 16, 2024.
ABOUT RITHM CAPITAL
Rithm Capital is a global asset manager focused on real estate,
credit, and financial services. Rithm makes direct investments and
operates several wholly-owned operating businesses. Rithm’s
businesses include Sculptor Capital Management, an alternative
asset manager, as well as Newrez LLC and Genesis Capital LLC,
leading mortgage origination and servicing platforms. Rithm Capital
seeks to generate attractive risk-adjusted returns across market
cycles and interest rate environments. Since inception in 2013,
Rithm has delivered approximately $4.9 billion in dividends to
shareholders. Rithm 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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