New Residential Investment Corp. Declares First Quarter 2022 Common and Preferred Dividends
22 March 2022 - 7:15AM
Business Wire
New Residential Investment Corp. (NYSE:NRZ, “New Residential” or
the “Company”) announced today that its Board of Directors (the
“Board”) has declared first quarter 2022 common and preferred stock
dividends.
Common Stock Dividend The Board declared a quarterly
dividend of $0.25 per share of common stock for the first quarter
2022. The first quarter common stock dividend is payable on April
29, 2022 to shareholders of record on April 4, 2022.
Preferred Stock Dividends In accordance with the terms of
New Residential’s 7.50% Series A Cumulative Redeemable Preferred
Stock (“Series A”), the Board declared a Series A dividend for the
first quarter 2022 of $0.4687500 per share.
In accordance with the terms of New Residential’s 7.125% Series
B Cumulative Redeemable Preferred Stock (“Series B”), the Board
declared a Series B dividend for the first quarter 2022 of
$0.4453125 per share.
In accordance with the terms of New Residential’s 6.375% Series
C Cumulative Redeemable Preferred Stock (“Series C”), the Board
declared a Series C dividend for the first quarter 2022 of
$0.3984375 per share.
In accordance with the terms of New Residential’s 7.00% Series D
Fixed-Rate Reset Cumulative Redeemable Preferred Stock (“Series
D”), the Board declared a Series D dividend for the first quarter
2022 of $0.4375000 per share.
Dividends for the Series A, Series B, Series C and Series D are
payable on May 16, 2022 to preferred shareholders of record on
April 18, 2022.
ABOUT NEW RESIDENTIAL
New Residential is a leading provider of capital and services to
the mortgage and financial services industry. The Company’s mission
is to generate attractive risk-adjusted returns in all interest
rate environments through a complementary portfolio of investments
and operating businesses. Since inception in 2013, New Residential
has delivered over $3.9 billion in dividends to shareholders. New
Residential’s investment portfolio is composed of mortgage
servicing related assets (full and excess MSRs and servicer
advances), residential securities (and associated call rights),
properties (including single family rental) and loans, mortgage
loans and consumer loans. New Residential’s investments in
operating entities include leading origination and servicing
platforms through wholly-owned subsidiaries, Newrez LLC and Caliber
Home Loans Inc., as well as investments in affiliated businesses
that provide mortgage related services. New Residential is
organized and conducts its operations to qualify as a real estate
investment trust (REIT) for federal income tax purposes and is
managed by an affiliate of Fortress Investment Group LLC, a global
investment management firm, and headquartered in New York City.
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New Residential Investor Relations 212-479-3150
IR@NewResi.com
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