2024-02-14 01:16:43 ET
Summary
- Rithm Capital's fourth quarter earnings triggered a minor stock correction, making it an attractive high-yield stock.
- The mortgage real estate investment trust has a low dividend pay-out ratio and produced excess dividend coverage in 2023.
- The acquisition of Sculptor Capital diversifies Rithm Capital's business and improves its financial position.
Rithm Capital Corporation ( RITM ) has become more attractive as a high-yield stock after the company’s fourth quarter earnings triggered a minor stock correction....
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For further details see:
Rithm Capital's 10% Yield: The Gift That Keeps On Giving