NRZ - Boost Your Income With New Residential Preferred Shares
- NRZ has three series of preferred shares. We are most interested in NRZ-B and NRZ-C today.
- NRZ-B and NRZ-C offer investors a nice bargain. They carry solid dividend yields, have call protection for several years, and trade at a large discount to call value.
- The common shares put together a nice rally lately and management's recent announcements include a dividend increase and refinancing their most expensive debt.
- We aren't getting into the NRZ common share rating in this article, but we'll provide a brief overview as it relates to the risk level of NRZ-B and NRZ-C.
For further details see:
Boost Your Income With New Residential Preferred Shares