This company announced a $0.46/share second-quarter dividend. It continues to combine attractive dividend income with potential for significant capital appreciation. Brexit shock had only had a minor impact. An investment in the stock yields 14.4%.
I have singled out mortgage investment company New Residential Investment Corp. (NYSE:NRZ) earlier this year as one of my favorite high-yield quality income plays that combines high income with the potential for significant upside. In a nutshell, New Residential Investment is my favorite income play in the high-yield market segment because the company pulls in strong core earnings that cover the company's dividend (and then some).
Source: Seeking Alpha
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Glad I came across this post. I added NRZ to my watch list. Thanks!