Rithm Capital's Series B Preferred Stock Shares Cross 9.5% Yield Mark
November 09, 2022 at 14:40 PM EST
In trading on Wednesday, shares of Rithm Capital Corp's 7.125% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (RITM. RB) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $18.50 on the day.