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 first quarter of
2019. The dividend is payable on April 26, 2019 to shareholders of
record on April 4, 2019.
ABOUT NEW RESIDENTIAL
New Residential focuses on opportunistically investing in, and
actively managing, investments principally 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,
a global investment management firm.
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