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14% Yielder New Residential Investment Corp. Just Confirmed Its Dividend


New Residential Investment announced a $0.46/share second-quarter dividend yesterday.

The company continues to combine attractive dividend income with potential for significant capital appreciation.

Brexit shock had only had a minor impact on NRZ.

An investment in NRZ yields 14.4%.

I have singled out mortgage investment company New Residential Investment Corp. (NYSE:NRZ) earlier this year as one of my favorite high-yield quality income plays that combines high income with the potential for significant upside. I have discussed the issues in my earlier piece, "This 14% Yielder Remains My Top High-Yield Income Pick For The Next 5...