NEW YORK–(BUSINESS WIRE)–New Residential Investment Corp. (NYSE:NRZ; “New Residential” or the
“Company”) announced today that its Board of Directors declared a
quarterly dividend of $0.50 per common share for the second quarter of
2019. The dividend is payable on July 26, 2019 to shareholders of record
on July 1, 2019.
ABOUT NEW RESIDENTIAL
New Residential focuses on opportunistically investing in, and actively
managing, investments principally related to residential real estate.
New Residential primarily targets investments in mortgage servicing
related assets and other related opportunistic investments. Following
the acquisition of Shellpoint Partners LLC (“Shellpoint”) in 2018, New
Residential now also benefits from Shellpoint’s origination and
third-party servicing platform, as well as a suite of ancillary
businesses including title insurance, appraisal management, real estate
owned management and other real estate services. New Residential is
organized and conducts its operations to qualify as a real estate
investment trust for federal income tax purposes. New Residential is
managed by an affiliate of Fortress Investment Group LLC, a global
investment management firm.
Contacts
New Residential Investor Relations
Kaitlyn
Mauritz
212-479-3150
[email protected]