This company reported great 4th-quarter results this week. The mortgage investment company pulled in a super strong core earnings and finally raised its quarterly cash dividend. Excellent dividend coverage, low run-rate core earnings valuation, and profitable mortgage investment strategies make it still a buy. An investment in the stock yields 11.52 percent.
New Residential Investment Corp. (NYSE:NRZ) is a buy. The mortgage investment company reported another super strong quarter in terms of core earnings, extending its excellent record of covering its dividend. What's more, the odds are tilted in favor of more dividend hikes in 2017, which New Residential Investment can easily afford. Last but not least, New Residential Investment's shares are everything but expensive, and are throwing off a robust ~11 percent dividend yield. A year ago I branded New Residential Investment Corp. the best high-yield income vehicle on the Street.
Source: Seeking Alpha
Related Articles:
- Are The Dividends Safe For These High-Yielding Stocks?
- Who Owns The Top Dividend Stocks?
- Wealth is a Journey, Dividend Stocks Can Take You There
- 3 Higher-Quality, High-Yield Dividend Stocks
- 10 Stocks With Sustainable Dividend Growth
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There’s nothing more satisfying that getting money for doing nothing. That’s why dividend stocks hold so much appeal for portfolios. Many of...
-
We've broadened our search to the S&P 500, and also found two high-dividend stocks among the dividend yield leaders of that larger i...
-
Dividend stocks can be a great source of passive income. Not only do they deliver cash into your brokerage account on a recurring basis, but...
-
I believe in dividend growth investing and consider holding strong companies will help me going through any stock market storm. I believe di...
-
Generally speaking, the higher the yield, the higher the risk involved. Since yield is a function of share price, a failing business model w...
-
With bond rates already low and the Fed hinting at rate decreases, dividend stocks are in high demand these days, as alternatives in the fix...
-
What kind of income-generating assets make the most sense? Obviously, those that appear undervalued with respect to the basket/group of stoc...
-
Warren Buffett famously quipped that if you aren't willing to own a stock for 10 years, you shouldn't think about owning it for 10 m...
-
If you are retired, you have likely shifted from building your nest egg to living off your assets. That means you probably gravitate toward ...
-
REITs are reporting higher revenue and earnings so far for the quarter. But one of the specific metrics for profitability comes from the rat...
0 comments
Post a Comment
Post a Comment