Rithm Capital Corp. Dividends
The next dividend date for Rithm Capital Corp. has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Rithm Capital Corp. (RITM)
More About Rithm Capital Corp.
Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services in the United States. It operates through Origination and Servicing, Investment Portfolio, Residential Transitional Lending, and Asset Management segments. The company's investment portfolio primarily comprises of single-family rental properties, title, appraisal and property preservation and maintenance businesses; real estate securities, call rights, SFR properties, and residential mortgage loans; consumer and business purpose loans; and asset management related investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022. Rithm Capital Corp. was incorporated in 2011 and is based in New York, New York.
Owning Rithm Capital Corp. Stock on the Dividend Date
If you own Rithm Capital Corp. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Rithm Capital Corp. stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Rithm Capital Corp. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Rithm Capital Corp. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Rithm Capital Corp. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Rithm Capital Corp. Dividends
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