New Residential Investment Corp Releases Tax Treatment of 2018 Dividends

The real estate company New Residential Investment Corp has recently released its latest information about the dividends it distributes. With a recent chart, New Residential Investment Corp provided a table showing investors and regulators its dividend information for the past four quarters. The table shows the rates and other information dating back to the fourth quarter of 2017. During the last fiscal year, New Residential Investment Corp saw an increase in the number of distributions and maintained rates per dividend share during the past year.

During the last quarter of 2017, New Residential Investment Corp had distributions that amounted to over 168 million. Its ordinary dividend rate was 39 cents per share and its qualified dividend rate was 33.5 cents per share. It would have a net capital gain rate of 0.0052 per share as well. The total rate for the dividends was 50 cents per share according to the data. These rates would stay the same for the next four quarters including the first three quarters of 2018. However, by the second quarter of 2018, the distributions increased to 169 million. By the third quarter of 2018, the total distributions were over 170 million. Therefore, the company saw growth in terms of the amount of distributions.

Michael Nierenberg’s: Twitter.