In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RITM is likely to continue, and whether the current estimated yield of 10.75% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RITM shares, versus its 200 day moving average:
Looking at the chart above, RITM's low point in its 52 week range is $8.43 per share, with $12.74 as the 52 week high point — that compares with a last trade of $9.36.
Project your dividend income with confidence: Income Calendar tracks your income portfolio like a personal assistant.
According to the ETF Finder at ETF Channel, RITM makes up 8.71% of the Simplify Opportunistic Income ETF (Symbol: CRDT) which is trading lower by about 0.3% on the day Thursday. (see other ETFs holding RITM).
According to Preferred Stock Channel, there are 6 series of preferred stock that are senior to RITM — find out what they are ».
In Thursday trading, Rithm Capital Corp shares are currently down about 1.8% on the day.
Also see:
Materials Dividend Stock List JTP Historical Stock Prices
Top Stocks Held By Prem Watsa
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
