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

This company announced a $0.46/share second-quarter dividend. It continues to combine attractive dividend income with potential for significant capital appreciation. Brexit shock had only had a minor impact. An investment in the stock 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. In a nutshell, New Residential Investment is my favorite income play in the high-yield market segment because the company pulls in strong core earnings that cover the company's dividend (and then some).

Source: Seeking Alpha

Related Articles:
- Dividend Stocks vs. a Safe Distribution Rate
- 12 Under-Valued Dividend Stocks
- Successful Investors Take The Emotion Out
- 7 Higher Yield Dividend Growth Stocks
- 8 Select High-Yield S&P 500 Dividend Stocks