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
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)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Even in the current inflationary environment, where stocks across a wide variety of sectors are trading down, companies with a favorable his...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above linked analysis: Comp...
-
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is crushing the market this year as value and dividend stocks have pulle...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.