New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the
“Company”) today announced the tax treatment of its 2015 common stock
dividend payments.
Common Stock Dividends
During 2015, taxable dividends for New Residential’s common stock (CUSIP
#64828T201) were $1.75 per share. The following table summarizes the tax
treatment for the 2015 common stock dividend payments.
|
|
|
Record
|
|
Pay
|
|
|
|
|
|
Ordinary
|
|
Qualified
|
|
Long-Term
|
|
Return of
|
|
|
|
Date
|
|
Date
|
|
Distribution
|
|
Form
|
|
Dividend
|
|
Dividend(1)
|
|
Capital Gain
|
|
Capital
|
|
1Q15
|
|
03/26/15
|
|
04/30/15
|
|
0.380000
|
|
Cash
|
|
0.353084
|
|
0.005909
|
|
0.026916
|
|
0.000000
|
|
2Q15
|
|
05/26/15
|
|
07/24/15
|
|
0.450000
|
|
Cash
|
|
0.418126
|
|
0.006998
|
|
0.031874
|
|
0.000000
|
|
3Q15
|
|
10/05/15
|
|
10/30/15
|
|
0.460000
|
|
Cash
|
|
0.427418
|
|
0.007153
|
|
0.032582
|
|
0.000000
|
|
4Q15(2)
|
|
12/31/2015
|
|
1/29/2016
|
|
0.460000
|
|
Cash
|
|
0.427418
|
|
0.007153
|
|
0.032582
|
|
0.000000
|
|
|
|
|
|
Total
|
|
1.750000
|
|
|
|
1.626046
|
|
0.027213
|
|
0.123954
|
|
0.000000
|
(1) Qualified Dividend is a subset of, and included in, the
Ordinary Dividend amount.
(2) The entire 4Q15 common stock dividend (paid in January
2016) is being treated as having been received by stockholders and
taxable in 2015. Similarly, the entire 4Q14 common stock dividend (paid
in January 2015) was treated as having been received by stockholders and
taxable in 2014.
The data provided in this press release is provided for informational
purposes only and does not constitute tax advice. Stockholders are urged
to consult their own tax advisors regarding any issues or decisions
regarding the proper tax treatment of their shares of New Residential.
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 mortgage servicing related
assets and other related opportunistic 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 (NYSE: FIG),
a global investment management firm.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160129005955/en/
Copyright Business Wire 2016