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home / news releases / NRZ - New Residential: I Am Buying This Fat 8.8% Yield For Passive Income

NRZ - New Residential: I Am Buying This Fat 8.8% Yield For Passive Income

New Residential Investment Corp.
  • New Residential out-earned its dividend again by a high margin in 1Q-22.
  • The trust’s book value was up 9.8% to $12.56 per share.
  • MSR portfolio provides a hedge against inflation.
  • Despite great dividend coverage and book value growth, the stock trades at a 10% discount to book value.

For further details see:

New Residential: I Am Buying This Fat 8.8% Yield For Passive Income
Stock Information
Company Name: New Residential Investment Corp.
Stock Symbol: NRZ
Market: NYSE
Website: newresi.com
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