Rithm reported $0.55 per diluted share in EAD, above dividends paid for 28 straight quarters. Its asset management business raised $569 million in new capital, and management said the company had a strong quarter despite rising rates and wider markets.
That record shows Rithm's reported earnings measure stayed above dividend payments. New investor money and more office leasing add other growth paths. Rising rates and wider markets made conditions harder, but management said the company still had a strong quarter.
Follow Rithm Capital (RITM) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for RITM