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0.000139470013947007 0 -0.000929800092979989 -0.000929800092979989 -0.00278940027894013 -0.00376569037656902 -0.00464900046490011 -0.00232450023245006
Stock impact report

7% High Yield Dividend From Rithm Capital Preferred Share [Seeking Alpha]

Rithm Capital Corp. (RITM) 
Company Research Source: Seeking Alpha
I see a high probability of RITM-D being called or trading above $25 as the 11/15/2026 call date approaches, especially if Treasury rates hold. RITM-D is currently slightly attractive; a 1.5% price decline would make it a strong buy due to improved yield-to-call. Preferred shares like RITM-D provide steady returns and lower volatility, making them a core risk-mitigation tool in my portfolio. Looking for a portfolio of ideas like this one? Members of The REIT Forum get exclusive access to our subscriber-only portfolios. Learn More » Uwe Krejci/DigitalVision via Getty Images We regularly cover the mortgage REIT sector. We also focus on preferred shares and baby bonds for the mortgage REITs that we cover. Preferred shares behave very differently from the common stock and are generally a much safer option. Rithm Capital Corp.'s ( RITM ) Preferred Share RITM-D ( RITM.PR.D RITM-D is one of my largest holdings. I have been investing in RITM-D for many years. You can see the pe Show less Read more
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