This company recently released solid second quarter earnings. The mortgage REIT once again outearned its dividend with core earnings in Q2-2019. Shares sell for a very reasonable run-rate core earnings multiple, are still priced at a slight discount to accounting book value. Management could double down on acquisitions going forward, and deserves the benefit of the doubt. An investment in the stock yields 12.8 percent.
If you are looking for a high-quality mortgage REIT to add to your high-yield income portfolio, you may have to look no further than New Residential Investment Corp., Inc. (NRZ). The mortgage REIT just released decent second quarter earnings, covers its dividend with core earnings (lending a high degree of dividend safety to an investment in NRZ), is positioned for various interest rate environments, and has grown its net asset value at a fast clip. New Residential Investment Corp.'s shares remain very competitively priced and throw off a dividend yield of 12.8 percent.
Source: Seeking Alpha
Related Articles:
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
- Why We Are Dividend Growth Investors
- 3 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
- 8 Dividend Growth Stocks With Very Little Debt
- 4 Secrets To Finding The Best Dividend Stocks
Dividend Growth Stocks News
- 3 Dividend Stocks Yielding Up To 5% For Your Portfolio - Yahoo Finance - 7/29/2025
- My Favorite Retirement Strategy - And 3 Dividend Stocks That Perfectly Fit It - Seeking Alpha - 7/29/2025
- 20 Dividend Stocks Perfect for Retirees - MSN - 7/29/2025
- All It Takes Is $10,000 Invested in Each of These 3 S&P 500 Dividend Stocks to Help Generate Over $1,000 in Passive Income Per Year - MSN - 7/29/2025
- These Dividend Stocks Pay You While Markets Swing—but Should You Buy? - MSN - 7/29/2025
- Duke Energy (DUK) Dividend Stock Analysis - 7/25/2025
- Chevron Corporation (CVX) Dividend Stock Analysis - 7/18/2025
- Emerson Electric Co. (EMR) Dividend Stock Analysis - 7/11/2025
- Amgen, Inc. (AMGN) Dividend Stock Analysis - 6/27/2025
- W.W. Grainger, Inc. (GWW) Dividend Stock Analysis - 6/20/2025
Why Buying 12.8%-Yielding Stock Is Still A No-Brainer
Posted by D4L | Thursday, August 22, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.