360° Coverage : New Residential Investment (NRZ) Passes Through 11% Yield Mark

2 Updates

New Residential Investment (NRZ) Passes Through 11% Yield Mark

May 7 2014, 3:46pm CDT | by

Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of New Residential Investment Corp (NYSE: NRZ) were yielding above the 11% mark based on its quarterly...

Filed under: news

 
 
 

18 weeks ago

New Residential Investment (NRZ) Passes Through 11% Yield Mark

May 7 2014, 3:46pm CDT | by

Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of New Residential Investment Corp (NYSE: NRZ) were yielding above the 11% mark based on its quarterly dividend (annualized to $0.70), with the stock changing hands as low as $6.31 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market’s total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 11% would appear considerably attractive if that yield is sustainable. New Residential Investment Corp (NYSE: NRZ) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.

In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of New Residential Investment Corp, looking at the history chart for NRZ below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 11% annual yield.

Click here to find out which 9 other dividend stocks just recently went on sale, at DividendChannel.com »


Special Offer: Add income and energy exposure to your portfolio with a 30 day free trial to Frank Bifulco’s Oil & Gas Income Portfolio

According to the ETF Finder at ETFChannel.com, NRZ makes up 3.51% of the Mortgage REIT Income ETF (AMEX: MORT) which is trading higher by about 0.7% on the day Wednesday.

/>/>
 
Update
2

2 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing the workf ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

2 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tra ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

India, Vietnam ramp up ties, ink seven agreements
Hanoi, Sep 15 (IANS) Signalling their intent to move closer in various spheres, India and Vietnam Monday signed seven agreements, including one for direct flights between their capitals, for scouting for oil, and an extended line of credit for purchase of defence equipment.
 
 
Asian monsoon much older than previously thought
Washington, Sep 15 (IANS) The Asian monsoon came into existence 40 million years ago during a period of high atmospheric carbon dioxide and warmer temperatures, reports an international research team.
 
 
Mild hyper-tension can be treated without drugs
London, Sep 15 (IANS) For people with mild hyper-tension, encouraging lifestyle changes should be the first line of recommendations for physicians rather than putting them on drugs, suggest experts.
 
 
Fijians safe from Ebola virus: Health ministry
Suva, Sep 15 (IANS) Fiji's health ministry has ruled out any possibility of Ebola outbreak in the island-country because of its geographical location and lack of any direct global trade with West Africa, media reported Monday.
 
 
 

Latest from the Network

Cheyenne Jackson marries boyfriend Jason Landau
Los Angeles, Sep 15 (IANS) Actor Cheyenne Jackson married his Jewish entrepreneur boyfriend Jason Landau at a private estate in Encino in California. The pair exchanged vows and rings during an interfaith ceremony...
Read more on Celebrity Balla
 
Court gives ex-Israeli PM Olmert reprieve
Jerusalem, Sep 15 (IANS) Israel's Supreme Court Monday ruled that former prime minister Ehud Olmert can stay out of jail pending his appeal against his conviction for bribery, Jerusalem Post reported. He was convicted...
Read more on Politics Balla
 
Paris Hilton wants New York home
Paris Hilton is looking for a New York home. The Los Angeles-based socialite was shown round a number of penthouse apartments just a few hours after arriving into the city on Friday (09.12.14) as she is keen to spend...
Read more on Celebrity Balla
 
Cris Judd: Jennifer Lopez marriage was 'tough'
Jennifer Lopez's ex-husband found it ''tough'' being married to her. Choreographer Cris Judd - who married the 45-year-old superstar in 2001 after a month-long engagement - admits he struggled with all the attention...
Read more on Celebrity Balla
 
Mitch Winehouse 'bursting with pride' over statue
Mitch Winehouse is ''bursting with pride'' over the unveiling of a statue of his daughter Amy Winehouse. A memorial to the 'Back to Black' singer was unveiled in Camden, north London - where she lived before she died of...
Read more on Celebrity Balla
 
India, Vietnam ramp up ties, ink seven agreements
Hanoi, Sep 15 (IANS) Signalling their intent to move closer in various spheres, India and Vietnam Monday signed seven agreements, including one for direct flights between their capitals, for scouting for oil, and an...
Read more on Politics Balla
 
Asian monsoon much older than previously thought
Washington, Sep 15 (IANS) The Asian monsoon came into existence 40 million years ago during a period of high atmospheric carbon dioxide and warmer temperatures, reports an international research team. Scientists...
Read more on Apple Balla
 
Dubai to host Asian Tour's newest event in December
Dubai, Sep 15 (IANS) In another first for the city, Dubai will play host to the Asian Tour's final event of 2014 in December, underscoring the buoyancy of the golf industry in the country and across the region. A...
Read more on Sport Balla
 
Malaysian girl's body to return from Australia
Kuala Lumpur, Sep 15 (IANS) The family of the eight-year-old girl who was flung from a ride at a carnival in Australia are making preparations to bring her remains back to Malaysia. Honorary Consul of Malaysia in...
Read more on Politics Balla
 
Mild hyper-tension can be treated without drugs
London, Sep 15 (IANS) For people with mild hyper-tension, encouraging lifestyle changes should be the first line of recommendations for physicians rather than putting them on drugs, suggest experts. Lead researcher...
Read more on Celebrity Balla