New Residential Investment Corp. (the “Company”; NYSE:NRZ) announced
today that its Board of Directors declared a quarterly dividend of
$0.175 per common share for the third quarter of 2014. The dividend is
payable on October 31, 2014 to shareholders of record on September 29,
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.
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