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RITM - Dividend announcements
Rithm Capital Corp. (RITM) dividend announcements - real-time wire coverage filtered to Dividends only.
Recent Dividends for RITM
- Rithm Property Trust Inc. Declares First Quarter 2026 Common and Preferred DividendsRithm Property Trust Inc. (NYSE:RPT, "Rithm Property Trust" or the "Company")) announced today that its Board of Directors (the "Board") has declared first quarter 2026 common and preferred stock dividends. Common Stock Dividend The Board declared a cash dividend of $0.36 per share of common stock. The first quarter common stock dividend is payable on May 29, 2026, to stockholders of record as of May 15, 2026. Preferred Stock Dividend In accordance with the terms of Rithm Property Trust's 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series C"), the Board declared a Series C dividend for the first quarter 2026 of $0.6171875 per share. The first quart
- Rithm Capital Corp. Declares First Quarter 2026 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that its Board of Directors (the "Board") has declared its first quarter 2026 common and preferred stock dividends. "Today's announcement marks our 52nd consecutive quarterly dividend since our founding in 2013, reflecting the consistency of our earnings and disciplined approach to capital allocation," said Michael Nierenberg, Chairman and CEO of Rithm Capital. "Our durable earnings, strong liquidity, and vertically integrated platform position us to navigate market volatility and capitalize on opportunities as they arise." Common Stock Dividend The Board declared a dividend of $0.25 per share of common
- Rithm Capital Corp. Announces Treatment of 2025 Taxable DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) today announced the tax treatment of its common and preferred stock dividends deemed taxable in 2025. Common Stock Dividends During 2025, taxable dividends for Rithm Capital's common stock (CUSIP #64828T201) were approximately $1.00000 per share. The following table summarizes the tax treatment for common stock distributions.(1) Record Date Pay Date(1) Form Ordinary Dividend Qualified Dividend(3) Section 199A Dividend(4) Long-Term Capital Gain Return of Capital Total Q1'25 03/31/25 04/30/25 Cash $0.25000 $0.00090
- Rithm Property Trust Inc. Announces Tax Treatment of 2025 DividendsRithm Property Trust Inc. (NYSE:RPT, "RPT" or the "Company")) today announced the tax treatment of its common and preferred stock dividends deemed taxable in 2025. Common Stock Dividends During 2025, taxable dividends for RPT's common stock (CUSIP #38983D854) were approximately $1.32847 per share. The following table summarizes the tax treatment for 2025 common stock distributions. Record Pay Ordinary Qualified Section 199A Long-Term Return of Date Date Form Dividend Dividend Dividend(1) Capital Gain Capital Total Q1'25 02/14/25 02/28/25
- Rithm Property Trust Inc. Declares Fourth Quarter 2025 Common and Preferred DividendsRithm Property Trust Inc. (NYSE:RPT, "Rithm Property Trust" or the "Company")) announced today that its Board of Directors (the "Board") has declared fourth quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board declared a cash dividend of $0.36 per share of common stock. The fourth quarter common stock dividend is payable on February 13, 2026, to stockholders of record as of January 30, 2026. Preferred Stock Dividend In accordance with the terms of Rithm Property Trust's 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series C"), the Board declared a Series C dividend for the fourth quarter 2025 of $0.6171875 per share. The
- Rithm Capital Corp. Declares Fourth Quarter 2025 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that its Board of Directors (the "Board") has declared fourth quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the fourth quarter 2025. The fourth quarter common stock dividend is payable on January 30, 2026, to shareholders of record on December 31, 2025. Preferred Stock Dividends In accordance with the terms of Rithm Capital's Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the fourth quarter 2025 of $0.6334852 per share, which reflects a rate of 9.915%. Th
- Rithm Property Trust Inc. Declares Third Quarter 2025 Common and Preferred DividendsRithm Property Trust Inc. (NYSE:RPT, "Rithm Property Trust" or the "Company")) announced today that its Board of Directors (the "Board") has declared third quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board declared a cash dividend of $0.06 per share of common stock. The third quarter common stock dividend is payable on November 28, 2025, to stockholders of record as of November 14, 2025. Preferred Stock Dividend In accordance with the terms of Rithm Property Trust's 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series C"), the Board declared a Series C dividend for the third quarter 2025 of $0.6171875 per share. The t
- Rithm Capital Corp. Declares Third Quarter 2025 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that its Board of Directors (the "Board") has declared third quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the third quarter 2025. The third quarter common stock dividend is payable on October 31, 2025, to shareholders of record on October 1, 2025. Preferred Stock Dividends In accordance with the terms of Rithm Capital's Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the third quarter 2025 of $0.6564577 per share, which reflects a rate of 10.275%. The
- Rithm Property Trust Inc. Declares Second Quarter 2025 Common and Preferred DividendsRithm Property Trust Inc. (NYSE:RPT, "Rithm Property Trust" or the "Company")) announced today that its Board of Directors (the "Board") has declared second quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board declared a cash dividend of $0.06 per share of common stock. The second quarter common stock dividend is payable on August 29, 2025, to stockholders of record as of August 15, 2025. Preferred Stock Dividend In accordance with the terms of Rithm Property Trust's 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series C"), the Board declared a Series C dividend for the second quarter 2025 of $0.6171875 per share. The se
- Rithm Capital Corp. Declares Second Quarter 2025 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that its Board of Directors (the "Board") has declared second quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the second quarter 2025. The second quarter common stock dividend is payable on July 31, 2025, to shareholders of record on June 30, 2025. Preferred Stock Dividends In accordance with the terms of Rithm Capital's Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the second quarter 2025 of $0.6638017 per share, which reflects a rate of 10.390%. The
- Rithm Capital Closes $504 Million Non-QM Loan SecuritizationRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")), a global, multi-dimensional asset manager with deep experience investing in real estate and credit, today announced the close of NRMLT 2025-NQM3, a $504 million securitization backed by a pool of non-qualified residential mortgage ("Non-QM") loans. The loans are serviced by Rithm's subsidiary, Newrez LLC, one of the largest mortgage servicers in the US. NRMLT 2025-NQM3 is collateralized by a pool of 1,039 residential mortgages with a weighted average credit score of 750 and a loan-to-value ("LTV") of 70.06. The deal was rated by S&P and KBRA with tranches rated AAA through B. Barclays structured the deal and acted as join
- Rithm Capital Corp. Announces Pricing of Offering of Senior Unsecured NotesRithm Capital Corp. (NYSE:RITM, "Rithm" or the "Company")) announced today that it has priced its previously announced offering of $500 million aggregate principal amount of 8.000% senior unsecured notes due 2030 (the "notes"). The Company intends to use a portion of the net proceeds from this offering to redeem its outstanding 6.250% senior unsecured notes due 2025 (the "2025 Notes"), with the remainder of the net proceeds to be used for general corporate purposes, which may include the repayment of other indebtedness. The notes will not have any registration rights. This press release does not constitute a notice of redemption with respect to the 2025 Notes. The offering is expected to
- Rithm Capital Corp. Announces Proposed Offering of Senior Unsecured NotesRithm Capital Corp. (NYSE:RITM, "Rithm" or the "Company")) announced today that it plans to offer $500 million aggregate principal amount of senior unsecured notes due 2030 (the "notes"). The Company intends to use a portion of the net proceeds from this offering to redeem the outstanding 6.250% senior unsecured notes due 2025 (the "2025 Notes"), with the remainder of the net proceeds to be used for general corporate purposes, which may include the repayment of other indebtedness. This press release does not constitute a notice of redemption with respect to the 2025 Notes. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities
- Rithm Property Trust Inc. Declares First Quarter 2025 Dividends on Preferred StockRithm Property Trust Inc. (NYSE:RPT, "Rithm Property Trust" or the "Company")) announced today that its Board of Directors (the "Board") has declared a first quarter 2025 dividend on its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series C"). The Board declared a dividend of $0.4937500 per share, which reflects a pro-rata accrual rate of 9.875% from Series C issuance on March 4th to, but not including, the May 15th payment date. The dividend for the Series C is payable on May 15, 2025, to preferred shareholders of record on May 1, 2025. About Rithm Property Trust Inc. Rithm Property Trust is a real estate investment platform externally managed by an aff
- Rithm Capital Announces Close of Largest Ever Mortgage Servicing Rights Debt Issuance, NZES 2025-FHT1Non-recourse $878 Million Note Sets New Benchmark for Innovation in MSR Financing Rithm Capital Corp. (NYSE:RITM, "Rithm Capital, " "Rithm" or the "Company")) today announced it has successfully closed NZES 2025-FHT1, an $878 million mortgage servicing rights (MSR) backed securitized note. The single-tranche transaction is the largest MSR debt issuance ever, marking a significant milestone in the evolution of MSR-backed financing structures. The market's second-ever non-recourse MSR securitization, NZES 2025-FHT1 provides fixed financing over the term of the expected life of the assets of 3 years. It builds on the Company's track record of pioneering structured MSR financings and follows
- Rithm Capital Corp. Declares First Quarter 2025 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that its Board of Directors (the "Board") has declared first quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the first quarter 2025. The first quarter common stock dividend is payable on April 30, 2025, to shareholders of record on March 31, 2025. Preferred Stock Dividends In accordance with the terms of Rithm Capital's Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the first quarter 2025 of $0.6419490 per share, which reflects a rate of 10.387%. The Series
- Rithm Capital Corp. Announces a Redemption of $50 million of 7.50% Series A Fixed‑to‑Floating Rate Cumulative Redeemable Preferred StockRithm Capital Corp. (NYSE:RITM; "Rithm Capital" or the "Company"), "Rithm Capital" or the "Company") announced today that it will redeem $50,000,000, or 2,000,000 shares, of the Company's outstanding 6,210,000 shares of 7.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the "Series A Shares") at a redemption price equal to $25.00 per Series A Share in cash, plus $0.274091 per Series A Share of accumulated and unpaid distributions thereon to, but not including, the redemption date of March 28, 2025 (the "Redemption"). The Series A Shares trade under the ticker symbol "RITM PR A." A Notice of Partial Redemption for the Series A Shares describing the Redemption proc
- Rithm Capital Corp. Announces Treatment of 2024 Taxable DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) today announced the tax treatment of its common and preferred stock dividends deemed taxable in 2024. Common Stock Dividends During 2024, taxable dividends for Rithm Capital's common stock (CUSIP #64828T201) were approximately $1.00000 per share. The following table summarizes the tax treatment for common stock distributions. Record Pay Ordinary Qualified Section 199A Long-Term Return of Date Date(1) Form Dividend Dividend(3) Dividend(4) Capital Gain Capital Total Q1'24 04/01/24
- Rithm Property Trust Announces Tax Treatment of 2024 DividendsRithm Property Trust (NYSE:RPT, "RPT" or the "Company")) today announced the tax treatment of its 2024 common stock distributions. Common Stock Dividends During 2024, Rithm Property Trust's common stock (CUSIP #38983D300) distributions were $0.28000 per share and the distributions consisted of a return of capital. The following table summarizes the tax treatment for 2024 common stock distributions. Record Date Pay Date Form Ordinary Dividend Qualified Dividend Section 199A Dividend Long-Term Capital Gain Return of Capital Total Q1'24 03/15/24 03/29/24 Cash $0.00000 $0.00000
- Rithm Capital Corp. Declares Fourth Quarter 2024 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that its Board of Directors (the "Board") has declared fourth quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the fourth quarter 2024. The fourth quarter common stock dividend is payable on January 31, 2025, to shareholders of record on December 31, 2024. Preferred Stock Dividends In accordance with the terms of Rithm Capital's Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the fourth quarter 2024 of $0.6763961 per share, which reflects a rate of 10.587
- Rithm Capital Announces the Closing of Securitized Notes Backed by Mortgage Servicing Rights$461 Million Non-Recourse Fixed Note Offering Represents Another Innovation in MSR Financing Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or "Rithm")), a leading sponsor of structured MSR-backed capital market notes, today announced it has successfully closed NZES 2024-FNT1, a $461 million securitized financing note backed by mortgage servicing rights ("MSRs"). Leveraging Rithm's scale, strong servicing performance and high-quality collateral, this first-of-its-kind, single-tranche non-recourse transaction provides fixed financing over the term of the expected life of the assets of 3 years. The $461 million transaction was over-subscribed and represents a significant increase from an
- Rithm Capital and Newrez Pledge Support to Disaster Relief Efforts in Wake of Hurricanes Helene and MiltonCommitment of $500,000 to support Habitat for Humanity and Newrez Employee Emergency Disaster Fund Newrez Joins Relief Efforts Led by Dave Matthews Band, Warren Haynes Band and Other Artists as a Corporate Sponsor of Upcoming SOULSHINE Concert Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or "Rithm")), a leading alternative asset manager, pledged a commitment of $500,000 to support disaster response efforts in the devastating wake of Hurricanes Helene and Milton through its wholly owned subsidiary Newrez LLC ("Newrez"), a leading mortgage lender and servicer. Funding will directly support Habitat for Humanity and the Newrez Employee Emergency and Disaster (NEED) Fund. "Our thoughts are
- Rithm Capital Corp. Elects Ranjit Kripalani and William Addas to the Board of DirectorsAddition of Ranjit Kripalani and William Addas to the Board of Directors adds further depth to the Board's financial services, corporate advisory, strategic planning and public board experience Mr. Kripalani will be a member of the Board of Director's Nominating and Corporate Governance Committee and Chair of the Mortgage and Regulatory Compliance Committee Mr. Addas will be a member of the Board of Director's Audit Committee and Compensation Committee Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that the Board of Directors of the Company (the "Board") has elected Ranjit Kripalani and William Addas as independent members of the Board, each effect
- Genesis Capital Closes Its Second Rated Residential Transitional Loan SecuritizationOffering is the Second Largest Rated RTL Securitization and First Three-Year Transaction for the Industry Genesis Capital LLC ("Genesis"), a Rithm Capital (NYSE:RITM) company and a leading business purpose lender providing innovative financing solutions to professional real estate developers for new acquisition, renovation, ground-up construction, and long-term rental hold projects across the residential spectrum, today announced it has successfully closed NRMLT 2024-RTL2, a $450 million rated securitization backed by residential transitional loans ("RTLs"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240925130955/en/ As the
- Rithm Capital Corp. Declares Third Quarter 2024 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that its Board of Directors (the "Board") has declared third quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the third quarter 2024. The third quarter common stock dividend is payable on November 1, 2024, to shareholders of record on October 1, 2024. Preferred Stock Dividends In accordance with the terms of Rithm Capital's Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the third quarter 2024 of $0.6988563 per share, which reflects a rate of 11.182%. The Se
- Rithm Capital Corp. Declares Second Quarter 2024 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that its Board of Directors (the "Board") has declared second quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the second quarter 2024. The second quarter common stock dividend is payable on July 26, 2024, to shareholders of record on July 1, 2024. Preferred Stock Dividends In accordance with the terms of Rithm Capital's 7.50% Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the second quarter 2024 of $0.4687500 per share. In accordance with the terms o
- Rithm Capital Corp. and Great Ajax Corp. Complete TransactionRithm Capital Corp. (NYSE:RITM, "Rithm"))), a global asset manager focused on real estate, credit and financial services, and Great Ajax Corp. (NYSE:AJX, "Great Ajax"))), a real estate investment trust, today completed their previously announced transaction. As part of the transaction, Great Ajax has entered into a management agreement with an affiliate of Rithm to serve as Great Ajax's external manager. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610363273/en/ The transaction marks a significant milestone for Great Ajax, with plans to transition the company from a legacy residential loan platform into an opportunistic veh
- Rithm Capital Corp. Completes Acquisition of Computershare Mortgage Services Inc., Expanding Newrez LLC's Servicing Portfolio and Subservicing PlatformRithm Capital Corp. (NYSE:RITM, "Rithm Capital"))) today completed its previously announced acquisition of Computershare Mortgage Services Inc. and certain affiliated companies, including Specialized Loan Servicing LLC ("SLS"). Immediately following the closing of the acquisition, SLS merged into Newrez LLC ("Newrez"). Transaction highlights: Adds ~$149b in unpaid principal balance of servicing UPB, of which $104b third-party and other servicing to Newrez portfolio Adds new third-party clients and increases existing client wallet share, significantly expanding Newrez's subservicing and special servicing businesses Adds co-issue MSR acquisition capabilities to Newrez originations
- Sculptor Launches Captive CLO Equity Platform with Anchor Commitment from Rithm CapitalSculptor's Latest US CLO XXIII Closes with $406m Further Expanding Sculptor's $15bn AUM Institutional Credit Strategies Sculptor Capital Management, Inc. ("Sculptor") today announced the launch of Sculptor Loan Financing Partners, the firm's captive CLO equity investment platform, anchored by a commitment from Rithm Capital Corp. (NYSE:RITM, "Rithm"))). Sculptor Loan Financing Partners will manage investments in the equity tranches of Sculptor managed CLOs in the US and Europe, and expands the firm's Institutional Credit Strategies business, which oversees approximately $15 billion in assets under management. This press release features multimedia. View the full release here: https://w
- Rithm Capital Corp. Declares First Quarter 2024 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that its Board of Directors (the "Board") has declared first quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the first quarter 2024. The first quarter common stock dividend is payable on April 26, 2024 to shareholders of record on April 1, 2024. Preferred Stock Dividends In accordance with the terms of Rithm Capital's 7.50% Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the first quarter 2024 of $0.4687500 per share. In accordance with the terms of R
- Rithm Capital Corp. Announces Early Tender Results for Its 6.250% Senior Unsecured Notes Due 2025Rithm Capital Corp. (NYSE:RITM, "Rithm"))) announced today the early tender results of the previously announced cash tender offer (the "Tender Offer") to purchase up to $275 million aggregate principal amount (the "Tender Cap") of Rithm's outstanding 6.250% Senior Unsecured Notes due 2025 (the "2025 Notes"), on the terms and subject to the conditions set forth in the Offer to Purchase, dated March 4, 2024, as amended (the "Offer to Purchase"). According to D.F. King & Co., Inc., the tender and information agent for the Tender Offer, as of 5:00 p.m., New York City time, on March 15, 2024 (the "Early Tender Deadline"), $483,626,000 aggregate principal amount of the outstanding 2025 Notes we
- Rithm Capital Corp. Announces Pricing of Offering of Senior Unsecured NotesRithm Capital Corp. (NYSE:RITM, "Rithm" or the "Company"))) announced today that it has priced its previously announced offering of $775 million aggregate principal amount of 8.000% senior unsecured notes due 2029 (the "notes"). The Company intends to use a portion of the net proceeds from this offering for the reduction of indebtedness, including in connection with the Company's tender offer for up to $275 million aggregate principal amount of its 6.250% senior unsecured notes due 2025, with the remainder of the net proceeds to be used for general corporate purposes. The notes will not have any registration rights. The offering is expected to close on March 19, 2024, subject to customary
- Rithm Capital Corp. Announces Proposed Offering of Senior Unsecured NotesRithm Capital Corp. (NYSE:RITM, "Rithm" or the "Company"))) announced today that it plans to offer $775 million aggregate principal amount of senior unsecured notes due 2029 (the "notes"). The Company intends to use a portion of the net proceeds from this offering for the reduction of indebtedness, including in connection with the Company's tender offer for up to $275 million aggregate principal amount of its 6.250% senior unsecured notes due 2025, with the remainder of the net proceeds to be used for general corporate purposes. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), any state securities laws or the secu
- Rithm Capital Corp. Announces Commencement of Tender Offer for 6.250% Senior Unsecured Notes Due 2025Rithm Capital Corp. (NYSE:RITM, "Rithm"))) announced today that it has commenced a cash tender offer (the "Tender Offer") for up to $275 million of Rithm's $550 million in aggregate principal amount of outstanding 6.250% Senior Unsecured Notes due 2025 (the "2025 Notes"), on the terms and subject to the conditions set forth in Rithm's Offer to Purchase dated March 4, 2024. The Tender Offer will expire at 5:00 p.m., New York City time, on April 1, 2024 (the "Expiration Time"), unless extended or earlier terminated by Rithm. Rithm reserves the right to amend, extend or terminate the Tender Offer at any time subject to applicable law. Certain information regarding the 2025 Notes and the te
- Rithm Capital Corp. Announces Treatment of 2023 Taxable DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) today announced the tax treatment of its common and preferred stock dividends deemed taxable in 2023. Common Stock Dividends During 2023, taxable dividends for Rithm Capital's common stock (CUSIP #64828T201) were approximately $1.25000 per share. The following table summarizes the tax treatment for common stock distributions. Record Pay Ordinary Qualified Section 199A Long-Term Return of Date Date(1) Form Dividend Dividend(2) Dividend(3) Capital Gain Capital Total Q4'22 12/30/22
- Rithm Capital Corp. Declares Fourth Quarter 2023 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that its Board of Directors (the "Board") has declared fourth quarter 2023 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the fourth quarter 2023. The fourth quarter common stock dividend is payable on January 26, 2024 to shareholders of record on December 29, 2023. Preferred Stock Dividends In accordance with the terms of Rithm Capital's 7.50% Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the fourth quarter 2023 of $0.4687500 per share. In accordance with the
- Rithm Capital Corp. Completes Acquisition of Sculptor Capital ManagementRithm Capital Corp. (NYSE:RITM, "Rithm"))) today completed its previously announced acquisition of Sculptor Capital Management Inc. ("Sculptor") for $12.70 per Class A share in a transaction valued at approximately $719.8 million. In connection with the completion of the transaction, Sculptor's common stock will cease trading on the New York Stock Exchange and will be delisted. "The completion of this transaction is a significant milestone for our team and an important next step in the growth and evolution of Rithm," said Michael Nierenberg, Chairman, Chief Executive Officer, and President of Rithm Capital. "We are excited to bring together our talented teams and create a superior global
- Rithm Capital Partners with Darwin Homes to Form Innovative Single-Family Rental Management Technology PlatformEstablishes Adoor Property Management, LLC, Utilizing Darwin's End-to-End Technology to Enhance the Resident Experience and Drive Management Efficiencies for Adoor's Rapidly Growing Portfolio Pagaya Onboards Leading Asset Manager, Rithm Capital, to its Network Through its B2B2C Rental Product, Operated by Darwin Rithm Capital Corp. (NYSE:RITM) ("Rithm"), an asset manager focused on the real estate and financial services industries, and Darwin Homes, Inc. ("Darwin"), a subsidiary of Pagaya Technologies Ltd. (NASDAQ:PGY) ("Pagaya"), which offers a technology-driven real estate platform, today announced a new strategic partnership. This press release features multimedia. View the full rel
- Rithm Capital Corp. Enters into Amended Merger Agreement to Acquire Sculptor Capital Management For $12.70 Per Sculptor Class A ShareDaniel S. Och and Other Former EMDs Have Entered into Binding Agreement to Vote Shares in Support of the Rithm Transaction and Dismiss their Pending Litigation Transaction Expected to Close Shortly After Sculptor Stockholders' Meeting Scheduled on November 16, 2023 Rithm Capital Corp. (NYSE:RITM, "Rithm"))) and Sculptor Capital Management Inc. (NYSE:SCU, "Sculptor"))) today announced they have amended the terms of their previously announced definitive merger agreement (the "Amended Agreement"), pursuant to which Rithm will acquire Sculptor. Under the Amended Agreement, which has been unanimously approved by the boards of directors of both companies, Sculptor Class A shareholders will re
- Rithm Capital Issues Statement Regarding Latest Actions by Certain Former Executive Managing Directors of SculptorRithm Capital Corp. ("Rithm") (NYSE:RITM) today issued the following statement in response to the complaint filed by the Former EMD Group on October 17, 2023. "During the process, as outlined further in the Sculptor Management Inc. ("Sculptor") proxy statement, we engaged closely with Dan Och and the other members of the Former EMD Group over a period of several months, and in consultation with the Special Committee of Sculptor's Board of Directors. Despite these efforts, we were disappointed to see the complaint filed yesterday by the Former EMD Group. We strongly disagree with and dispute the allegations against Rithm in the lawsuit from the Former EMD Group. We have tried to bring the
- Rithm Capital Corp. Enters into Amended Definitive Merger Agreement to Acquire Sculptor Capital Management for $12.00 Per Sculptor Class A ShareSpecial Meeting to be Held on November 16, 2023 Sculptor Files Definitive Proxy Materials with SEC Rithm Capital Corp. (NYSE:RITM) ("Rithm") and Sculptor Capital Management Inc. (NYSE:SCU) ("Sculptor") today announced that they have amended the terms of their previously announced definitive merger agreement (the "Amended Agreement"), pursuant to which Rithm will acquire Sculptor. Under the Amended Agreement, which has been unanimously approved by the boards of directors of both companies, Sculptor Class A stockholders will receive $12.00 per share, representing an increase of 7.62% over Rithm's previously agreed price of $11.15 per Class A share announced on July 24, 2023, and an aggreg
- Rithm Capital to Acquire Specialized Loan Servicing LLCTransaction Grows Newrez's Third-Party Servicing Business to $180 Billion Rithm Capital Corp. (NYSE:RITM) ("Rithm Capital"), an asset manager focused on the real estate and financial services industries, today announced it has entered into a definitive agreement with Computershare Limited (ASX: CPU) ("Computershare") to acquire Computershare Mortgage Services Inc. and certain affiliated companies, including Specialized Loan Servicing LLC ("SLS"), for a purchase price of approximately $720 million. The acquisition includes approximately $136 billion in unpaid principal balance (UPB) of mortgage servicing rights, of which $85 billion is third-party servicing, along with SLS's origination
- Rithm Capital Corp. Declares Third Quarter 2023 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that its Board of Directors (the "Board") has declared third quarter 2023 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the third quarter 2023. The third quarter common stock dividend is payable on October 27, 2023 to shareholders of record on September 29, 2023. Preferred Stock Dividends In accordance with the terms of Rithm Capital's 7.50% Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the third quarter 2023 of $0.4687500 per share. In accordance with the ter
- Rithm Capital Corp., American Real Estate Partners, and GreenBarn Investment Group Acquire and Launch CityHouse Ashburn Station, a Luxury 200-Unit Subdivision for $120MGenesis Capital, a Rithm subsidiary, provides $86.4M acquisition & construction loan for the build-to-rent (BTR) townhome development in the heart of Loudoun County, Virginia. Rithm Capital Corp. (NYSE:RITM, ", Rithm", ))), American Real Estate Partners ("AREP"), and GreenBarn Investment Group ("GreenBarn") announced today that they have partnered to acquire a luxury 200-unit subdivision of townhomes in Ashburn, Virginia, from Dream Finders Homes for $120 million. Launching as CityHouse Ashburn Station, the community is prime for individuals and families who are renters-by-choice, seeking a single-family home lifestyle, and as an alternative to the for-sale market. This press release fea
- Rithm Capital Corp. Acquired $1.4bn of Marcus Loans from Goldman SachsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))), an asset manager focused on the real estate and financial services industry, has announced the purchase of $1.4bn of prime unsecured consumer loans from The Goldman Sachs Group, Inc. (NYSE:GS), a leading global financial institution. The portfolio was originated and serviced by Goldman Sachs through the Marcus program. The pool represents a portion of the broader Marcus portfolio that was previously owned and held on balance sheet by Goldman Sachs. The pool is comprised of 100% fixed-rate closed-end installment loans in which ~95% of the pool was originated between 2021 Q4 and 2022 Q4 from the post-COVID demand boost. Ac
- Rithm Capital Corp. Declares Second Quarter 2023 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that its Board of Directors (the "Board") has declared second quarter 2023 common and preferred stock dividends. Common Stock Dividend The Board declared a quarterly dividend of $0.25 per share of common stock for the second quarter 2023. The second quarter common stock dividend is payable on July 28, 2023 to shareholders of record on July 03, 2023. Preferred Stock Dividends In accordance with the terms of Rithm Capital's 7.50% Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the second quarter 2023 of $0.4687500 per share. In accordance with the te
- Rithm Capital Corp. Celebrates 10 Year Anniversary as a Publicly Traded CompanyRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))), an asset manager focused on the real estate and financial services industries, announced today its celebration of 10 years as a publicly traded company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230516005936/en/(Graphic: Business Wire) "This week we commemorate a decade of success at Rithm and celebrate all those who have helped transform the Company into what it is today," said Michael Nierenberg, Chairman, Chief Executive Officer and President of Rithm Capital. "Looking back on the last ten years, I am proud of our evolution as a leader in the financial
- Rithm Capital Corp. Announces Hire of Satish Mansukhani as an Investment StrategistRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that Satish Mansukhani has joined the company as Managing Director in Investment Strategy. In his role, Mr. Mansukhani will lead in-house research, strategic positioning and cover new emerging opportunities within Rithm's investment portfolio and operating platforms. "We are pleased to have Satish join us, bringing with him decades of expertise in research and strategy. His deep industry knowledge and connectivity will contribute tremendous value in expanding Rithm's growth opportunities," commented Michael Nierenberg, Chairman and Chief Executive Officer of Rithm Capital. Mr. Mansukhani, a perennially h
- Rithm Capital Corp. Announces its International Expansion into Europe and Hiring of Marty Migliara to Lead Rithm EuropeRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))), a New York-based asset manager focused on real estate and financial services companies and assets, announced today that it will be expanding its business into Europe ("Rithm Europe") and opening a new office in London, England. Rithm Europe will be led by recently hired Marty Migliara, the former long-standing head of EMEA origination and lending in Bank of America's global mortgages and securitized products team. Rithm Europe will seek equity and debt investments across the real estate and consumer finance sectors in the region, sourcing opportunities for both private funds and Rithm Capital's ~$32 billion balance sheet.
- Rithm Capital Corp. Declares First Quarter 2023 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that its Board of Directors (the "Board") has declared first quarter 2023 common and preferred stock dividends. Common Stock Dividend The Board declared a quarterly dividend of $0.25 per share of common stock for the first quarter 2023. The first quarter common stock dividend is payable on April 28, 2023 to shareholders of record on March 31, 2023. Preferred Stock Dividends In accordance with the terms of Rithm Capital's 7.50% Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the first quarter 2023 of $0.4687500 per share. In accordance with the term
- Rithm Capital Corp. Announces Tax Treatment of 2022 DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) today announced the tax treatment of its 2022 common and preferred stock dividend distributions. Common Stock Dividends During 2022, taxable dividends for Rithm Capital's common stock (CUSIP #64828T201) were approximately $0.41464 per share. The following table summarizes the tax treatment for the 2022 common stock distributions. Record Pay Ordinary Qualified Section 199A Long-Term Return of Date Date(1) Form Dividend Dividend(2) Dividend(3) Capital Gain Capital Total Q4'21 12/31/21 01/28/22 Cash $0.103
- Rithm Capital Corp. Announces Hire of Kenneth Bruce to Lead Investor RelationsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that Kenneth (Ken) Bruce has joined the company as Managing Director; Investor Relations. In his role, Mr. Bruce will lead the team responsible for cultivating and maintaining relationships with investors, discussing strategy, financial performance and Rithm's long-term value proposition. "Ken brings a wealth of experience with buy-side equity analysts and a strong network of relationships across the investment community. His deep industry knowledge and diverse investment experience will be an invaluable asset as Rithm Capital continues its growth and evolution," commented Michael Nierenberg, Chairman and C
- Rithm Capital Corp. Elects Peggy Hwan Hebard to the Board of DirectorsAddition of Peggy Hwan Hebard to the Board of Directors adds further depth to the Board's financial services, corporate advisory, strategic planning and public board experience Ms. Hebard will be a member of the Board of Director's Audit Committee and Compensation Committee Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that the Board of Directors of the Company (the "Board") has elected Peggy Hwan Hebard as an independent member of the Board, effective as of January 1, 2023. "We are extremely excited to announce Peggy as a new addition to our Board of Directors during an exciting time in Rithm Capital's continued evolution," said Michael Nierenber
- Rithm Capital Corp. Declares Fourth Quarter 2022 Common and Preferred Dividends and Renews Stock Repurchase ProgramRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that its Board of Directors (the "Board") has declared fourth quarter 2022 common and preferred stock dividends. Common Stock Dividend The Board declared a quarterly dividend of $0.25 per share of common stock for the fourth quarter 2022. The fourth quarter common stock dividend is payable on January 27, 2023 to shareholders of record on December 30, 2022. Preferred Stock Dividends In accordance with the terms of Rithm Capital's 7.50% Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the fourth quarter 2022 of $0.4687500 per share. In accordance with
- KBW Announces Index Rebalancing for Fourth Quarter 2022NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2022. This quarter, there are constituent changes within two of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD) and the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a number of changes to the two modified-dividend-yield-weighted indexes—KDX and KYX—to adjust annually for relevant dividend yields and
- Rithm Capital Corp. Declares Third Quarter 2022 Common and Preferred DividendsRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) announced today that its Board of Directors (the "Board") has declared third quarter 2022 common and preferred stock dividends. Common Stock Dividend The Board declared a quarterly dividend of $0.25 per share of common stock for the third quarter 2022. The third quarter common stock dividend is payable on October 28, 2022 to shareholders of record on October 4, 2022. Preferred Stock Dividends In accordance with the terms of Rithm Capital's 7.50% Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the third quarter 2022 of $0.4687500 per share. In accordance with the t
- Rithm Capital Rings in Rebrand with NYSE Opening BellRithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))) and the Company's President, CEO and Chairman Michael Nierenberg rang the opening bell today at the New York Stock Exchange in celebration of Rithm Capital's recent rebrand, ticker symbol change, and internalization of management. The bell ringing event symbolizes a new chapter in the Company's evolution as Rithm Capital reinforces its position as a leading provider of capital and services to the financial services and real estate sectors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220810005763/en/RITM), today, Wednesday, August 10, 2022, in celebration of it