New Residential Investment Corp. (NRZ) Ex-Dividend Date Scheduled for June 25, 2014


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New Residential Investment Corp. ( NRZ ) will begin trading ex-dividend on June 25, 2014. A cash dividend payment of $0.25 per share is scheduled to be paid on July 31, 2014. Shareholders who purchased NRZ stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 42.86% increase over the prior quarter. At the current stock price of $6.5, the dividend yield is 15.38%.

The previous trading day's last sale of NRZ was $6.5, representing a -7.41% decrease from the 52 week high of $7.02 and a 12.26% increase over the 52 week low of $5.79.

NRZ is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). NRZ's current earnings per share, an indicator of a company's profitability, is $1.17. Zacks Investment Research reports NRZ's forecasted earnings growth in 2014 as 31.37%, compared to an industry average of 2.3%.

For more information on the declaration, record and payment dates, visit the NRZ Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to NRZ through an Exchange Traded Fund [ETF]?
The following ETF(s) have NRZ as a top-10 holding:

  • iShares Mortgage Real Estate Capped ETF ( REM ).

The top-performing ETF of this group is REM with an increase of 6.39% over the last 100 days. It also has the highest percent weighting of NRZ at 2.78%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: NRZ , SPG , AMT , REM

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