Dividends4Life: 14% Yielder New Residential Investment Corp. Just Confirmed Its Dividend

14% Yielder New Residential Investment Corp. Just Confirmed Its Dividend

Posted by D4L | Tuesday, July 26, 2016 | | 1 comments »

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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1 comments

  1. HiLoDividends // July 26, 2016 at 4:42 PM

    Glad I came across this post. I added NRZ to my watch list. Thanks!

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