NRZ - New Residential: 9.8% Yield Strong Dividend Coverage 11% Discount To BV
- Ukraine-Russia stand-off, inflation, fear over rate hikes have affected asset prices.
- One stock I am buying is NRZ which offers a safe but very high dividend yield.
- New Residential’s dividend is well-covered and the stock has started to trade at a discount again.
For further details see:
New Residential: 9.8% Yield, Strong Dividend Coverage, 11% Discount To BV