NEW YORK–(BUSINESS WIRE)–Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its board of directors (the “Board of Directors”) has declared common and preferred stock dividends for the third quarter of 2022.
Common Stock Dividend
The Board of Directors has declared a quarterly dividend of $0.25 per common share for the third quarter of 2022. The third quarter common stock dividend is payable on October 28, 2022 to shareholders of record on October 4, 2022.
Preferred Stock Dividends
In accordance with the terms of Rithm Capital’s 7.50% Series A cumulative redeemable preferred stock (“Series A”), the Board of Directors has declared a Series A dividend for the third quarter of 2022 of $0.4687500 per share.
Pursuant to the terms of Rithm Capital’s 7.125% cumulative Series B Redeemable Preferred Stock (“Series B”), the Board of Directors has declared a Series B dividend of $0.4453125 per share for the third quarter of 2022.
In accordance with the terms of Rithm Capital’s 6.375% cumulative Series C Redeemable Preferred Stock (“Series C”), the Board of Directors has declared a Series C dividend for the third quarter of 2022 of $0.3984375 per share.
In accordance with the terms of Rithm Capital’s 7.00% Series D Cumulative Fixed Rate Redeemable Preferred Stock (“Series D”), the Board of Directors declared a Series D dividend for the third quarter of 2022 of $0.4375000 per share.
Dividends for Series A, Series B, Series C and Series D are payable on November 15, 2022 to preferred stockholders of record on October 17, 2022.
ABOUT RITHM CAPITAL
Rithm Capital is a leading provider of capital and services to the real estate and financial services industries. The firm’s mission is to deliver attractive risk-adjusted returns in all interest rate environments through a complementary portfolio of investments and operations. Since its inception in 2013, Rithm Capital has paid approximately $4.1 billion in dividends to shareholders. Rithm Capital’s investment portfolio consists of assets related to mortgage service (full and excess MSRs and servicer prepayments), residential securities (and related call rights) and loans (including single family rentals) and consumer loans. Rithm Capital’s investments in operating entities include leading lending and service platforms through wholly owned subsidiaries, Newrez LLC, Caliber Home Loans Inc. and Genesis Capital LLC, as well as investments in affiliated companies that provide mortgage-related services. Rithm Capital is organized and operates to qualify as a real estate investment trust (REIT) for federal income tax purposes and is headquartered in New York City.