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
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
The U.S. economy officially entered into a recession in February, and challenging conditions will likely continue in the near future. The co...
-
Energy Transfer (NYSE:ET) pays a monster cash distribution. Given the big slide in its unit price, -- they're down more than 50% in the ...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
Prices of energy commodities like natural gas are important for consumers and investors alike. Earlier in the year, natural gas prices in th...
-
Unfortunately, some investors that are new to dividend stocks end up chasing the highest yield stocks they can find and end up getting burne...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.