Rithm Capital declares $0.6172 dividend on Series C preferred shares
Rithm Capital Corp. has declared a $0.6172 per-share dividend on its 6.375% Series C preferred stock, Seeking Alpha reports.
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what happened
Rithm Capital Corp. has declared a dividend of $0.6172 per share on its 6.375% Series C preferred stock, according to a Seeking Alpha report.
The notice sets the cash payment that holders of these preferred shares will receive.
why it matters
For income-focused investors, a declared dividend fixes the cash payout per share for this preferred series, which is the main reason to hold such securities. The notice is routine and does not by itself signal any change in the company's financial position.
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sources
- Rithm Capital Corp. 6.375 PFD SER C declares $0.6172 dividend — Seeking Alpha, 22 October 2026 at 01:51 UTC
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