NRZ Dividend raise

image

The Board of directors of NRZ decided to send me an increased dividend payment this past week.

NEW YORK, Jun. 21 /BusinessWire/ — New Residential Investment Corp. (NYSE:NRZ) announced today that its Board of Directors declared a quarterly dividend of $0.50 per common share for the second quarter of 2017, up from $0.48 per common share in the first quarter of 2017. The dividend is payable on July 28, 2017 to shareholders of record on July 3, 2017.

“This marks the second time New Residential increased its quarterly dividend this year, reflecting our longstanding commitment to grow earnings and optimize returns for our shareholders,” said Michael Nierenberg, Chief Executive Officer of New Residential.

Now as i say who doesnt love dividend raises especially these surprise ones that you dont know about. These  are always the best as they are unexpected and really hit you with how this company loves its investors.

This dividend raise was .02 cents not a big raise but it is a raise indeed it beats inflation at 4.2 pecent when you add in last quarters raise it adds up to 8.7 percent.

Since i own 115.9 shares this comes out to 2.31 a quarter and 9.27 a year. This is how we achieve financial independance when these raises help push our dividends up and over what we need to get there.

This is how its done small little increases that add up over time. And add up  they all sure do as you can see month by month stocks that pay dividends grow.

NRZ 9.27 second raise this year

O .081    This is the third raise for this year

Flo 3.49

Apple $19.12

OHI 2.03 2nd raise

O .80

Walmart .776

KO $1.22

OHI 1.24

NRZ $5.04

O $1.27

announced last year effective this year

CIM $3.51

ATT .80

The total is 48.64 in raises so far.

That is 48.64 dollars i did not have to work for just put a little money down on a company i trusted and they reward with a raise every so often. This is how we reach FI is we will eventually get to the crossover point where our dividends pay for what we them to pay for. no matter what your goal is, this is exciting to watch.

Have you had and any dividend raises lately?

Disclaimer: Long all stocks mentioned.

Author: dividendsandhobbies

A Christian first and foremost. I love to invest fish grow a garden etc.

2 thoughts on “NRZ Dividend raise”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discovering Dividends

Income Replacing Dividend Portfolio

Simple Dividend Growth

An average guy building dividend income

Impersonal Finances

It's not personal

Life With Dividends

My personal journey as a Dividend Growth Investor

Our Life Financial

Building Wealth One Day At A Time

Teachers Talk Money

Helping teachers master their money

DIVIDEND PATHWAY

Follow me on my journey to financial freedom

REIT Dude

A blog about becoming financially independent through REIT investing.

World Stock Markets Analysis - Investor Trip

Digest global markets, retirement investing, global ETFs, and currency trading news and analysis.

Scattered Mom Dividend$

A Mom's Journey Through Liquid FI

renegade7x

Natalia's space

Divcome

Investing • FIRE

The Small Investor

Investing Strategies and Wealth Building for the Small Investor

MoneyBabe

personal finance for millennial women

Catching Up To FIRE

The possibilities of Financial Independence and Retiring Early

I want Dividend

working towards €1.000 a month in dividend income

Fiscal Voyage

Investing while Traveling the World

Angry Retail Banker

An Insider's Take On Retail Banking

FI By The Common Guy

Journey To Financial Independence & Beyond

Trucking For Dividends

My goal is to build a dividend portfolio that will pay enough monthly income to cover my living expenses.

Dividend Compounder

Accumulating Wealth, Slowly But Surely

Divvy Dad

Fueling FIRE with Dividends

$10 a Day Dividends

Journey of investing in dividend stocks for passive income

Divs4Jesus

Dividend Income One Investment At A Time

BestFishPrice

Life and Financial Blog

Accidental Fire

Financial Independence | Early Retirement | Outdoor Adventure | Satire

LABOUR TO LEISURE

INVEST IN YOURSELF

Broke Investor

My Journey to Financial Independence

The Millennial Investor

New Money Style with Old Money Habits

My Dividend Dynasty

Minimalist Lifestyle, Dividend Growth Investing, and a Journey to Financial Freedom

SeedSown

Sowing for Growth and Encouragement

Engineering Dividends

dividend investing, engineer style

Dividend Dozer

Building a Forever Income Stream

Project 2035

Our journey to financial independence

loonietotooniecom.wordpress.com/

Financial literacy made easy for everyone

%d bloggers like this: