Understanding New Residential Investments: Unlocking The Average Dividend Mystery

New Residential Investment Corp. (NRZ) has a dividend yield of 9.42%, which is considered high compared to other dividend-paying stocks. The company has a history of paying dividends, with the average dividend growth rate for the past three years being 24.58%. The stock price has shown some volatility, with recent increases and decreases of over 10%. The forward dividend yield for NRZ as of May 3, 2024, is 2.30%, with a payout ratio of 13.89%.

New Residential Investment Corp. (NRZ) dividends

New Residential Investment Corp. (NRZ) is a mortgage real estate investment trust (REIT). As of May 3, 2024, the forward dividend yield for NRZ was 2.30%, with a dividend amount of 0.3500 USD. The average dividend growth rate over the past three years is 24.58%.

NRZ has a dividend yield of 9.42%, which falls within the top 3.36% when compared to other dividend-yielding stocks. The company has been paying dividends for 10 years, with an average dividend frequency of 3. The dividend history for NRZ has seen fluctuations, with the dividend amount changing from 0.1500 USD to 0.3500 USD.

The stock price for NRZ was $10.89 as of May 3, 2024, with an annualized dividend of $1.00, resulting in a dividend yield of 9.2%. The company's dividend payout ratio is 13.89%, with a dividend per share of 0.25 USD and earnings per share of 1.80 USD.

NRZ's compound annual growth rate (CAGR) of its cash flow over the past 5.5 years is -0.4%, which is higher than approximately 1.67% of stocks. The free cash flow for NRZ has a compound average growth rate of -25,529.72%, outperforming 0.2% of stocks in the dividend set.

NRZ's dividend yield currently ranks 16th out of 40 compared to its peers in the REITs - Mortgage category. Some of its peers in this category include KKR Real Estate Finance Trust Inc., Broadmark Realty Capital Inc., and Annaly Capital Management Inc.

NRZ has a history of dividend payouts dating back to at least December 2016, with the most recent dividend announcement on June 17, 2022, for a dividend of $0.2500 per share.

Dividend yield and dividend history

New Residential Investment Corp. (NRZ) has a dividend yield of 9.42%, which is considered high. A high dividend yield can be a good sign, but it can also indicate that a company is going into debt to pay out dividends. It's important to carefully research and scrutinize companies with high dividend yields to ensure that the payouts are sustainable.

The forward dividend yield for NRZ as of May 3, 2024, is 2.30%, and the average dividend growth rate for the past three years is 24.58%. The dividend yield for NRZ has been as high as 133.33% and as low as -57.14% in the past.

NRZ has a history of paying dividends for at least 10 years. The company's dividend amounts and dates for 2022, 2021, 2020, and 2019 are publicly available. The ex-dividend date for NRZ in 2022 was June 30.

NRZ's dividend yield currently ranks #16 of 40 vs. its peers in the REITs - Mortgage category. Some of its peers include KKR Real Estate Finance Trust Inc., Broadmark Realty Capital Inc., and Annaly Capital Management Inc.

When investing in dividend stocks, it's important to consider the safety of the dividend, the company's payout ratio, and the potential tax implications. Dividend stocks can provide a stable source of income and add diversity to an investment portfolio.

Dividend amount and changes

New Residential Investment Corp. (NRZ) has a dividend yield of 9.42%, which is considered high compared to other dividend stocks. The company's dividend yield has been as high as 24.58% over the past three years.

The dividend amount and changes for New Residential Investment Corp. have fluctuated in recent years. Here is a list of the dividend amounts and changes for the company's stock (NRZ) on several dates:

• 0.3500 USD (133.33% change)
• 0.1500 USD (-57.14% change)
• 0.3500 USD (133.33% change)
• 0.1500 USD (-14.29% change)

The dividend yield for NRZ as of May 3, 2024, was 2.30%, with an average dividend growth rate of 24.58% over the past three years. The dividend yield is calculated by dividing the forward annualised dividend by the FY1 EPS.

New Residential Investment Corp. has a history of paying dividends, with payouts made quarterly and consistently for the past ten years. The company's dividend yield is considered attractive for investors seeking predictable cash flow and stability in their investment portfolios.

Forward dividend yield and payout ratio

The forward dividend yield for New Residential Investment Corp. (NRZ) as of May 3, 2024, is 2.30%. This is an estimation of a year's dividend expressed as a percentage of the current stock price. The dividend yield compares the amount of the dividend paid to the share price of the company's stock.

The average dividend yield of some of the top dividend stocks is 12.69%. Generally, a dividend yield between 2% and 6% is considered good. Yields above 6% are considered higher-risk stocks, which may not be worth exploring depending on the investor's risk tolerance.

The forward dividend yield for NRZ is calculated by taking the stock's most recent actual dividend payment of 0.3500 USD and annualising it. This amount is then divided by the stock's current share price.

The dividend payout ratio is the total amount of dividends that a company pays to shareholders relative to its net income. It is sometimes referred to simply as the payout ratio. The dividend payout ratio for NRZ is 13.89%.

The dividend payout ratio can be calculated as the yearly dividend per share divided by the earnings per share (EPS), or, equivalently, the dividends paid divided by net income.

> The dividend payout ratio indicates how much money a company returns to shareholders versus how much it keeps to reinvest in growth, pay off debt, or add to cash reserves.

The dividend payout ratio is a key financial metric used to determine the sustainability of a company's dividend payment program. A high dividend payout ratio is not always valued by active investors. An unusually high ratio can indicate that a company is trying to mask a bad business situation or that it does not plan to use working capital to expand.

> Dividend payouts vary widely by industry, and like most ratios, they are most useful to compare within a given industry.

The dividend yield and payout ratio are both important measures for current shareholders and potential investors to evaluate when analysing a company's financial health and share value.

Dividend history and stock price

New Residential Investment Corp. (NRZ) has a dividend yield of 9.2% as of May 3, 2024, with an annualized dividend of $1.00. The dividend amount has seen changes in the past, with the most recent dividend amount being $0.3500 USD, a 133.33% increase from the previous dividend of $0.1500 USD. The forward dividend yield is 2.30%, and the average dividend growth rate over the past three years is 24.58%.

The dividend history of NRZ shows variability, with dividend amounts changing over time. For example, in 2022, the dividend amount was $0.2500 per share, and in 2021, it was $0.1500. The stock price has also fluctuated; on June 14, 2022, the stock price decreased by more than 10%, from $10.87 to $9.05, while on May 4, 2022, the stock price increased by more than 10%, from $10.44 to $11.53.

The dividend yield of NRZ is higher than that of many of its peers in the REIT - Mortgage category, ranking #16 of 40. The company's free cash flow has shown less variability than most dividend stocks, and its compound annual growth rate of cash flow over the past 5.5 years is -0.4%, higher than about 1.67% of stocks.

The DDM model, a common valuation tool, implies a positive return of 150.4% relative to the current price of NRZ. The dividend yield of 9.42% is in the top 3.36% when compared to other dividend-yielding stocks. Additionally, the beta, which compares the volatility of NRZ to the S&P 500, is lower than that of 10.16% of other dividend issuers in the Real Estate sector.

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