New Residential Investment Corp. (the “Company”; NYSE: NRZ) announced
today that its Board of Directors declared a second quarter 2014
dividend of $0.175 per common share and a special cash dividend of
$0.075 per common share. The combined dividend of $0.25 is payable on
July 31, 2014, to shareholders of record as of June 27, 2014.
ABOUT NEW RESIDENTIAL
New Residential focuses on opportunistically investing in, and actively
managing, investments related to residential real estate. The Company
primarily targets investments in: (1) mortgage servicing related assets,
(2) residential mortgage backed securities (“RMBS”), (3) residential
mortgage loans and (4) other related investments. New Residential is
organized and conducts its operations to qualify as a real estate
investment trust (“REIT”) for federal income tax purposes. The Company
is managed by an affiliate of Fortress Investment Group LLC, a global
investment management firm.
Copyright Business Wire 2014