Published on 24 Apr 2024 on Motley Fool via Yahoo Finance
Rithm Capital Stock: Buy, Sell, or Hold?
If passive income is your primary goal, you may find Rithm Capital's (NYSE: RITM) 9.2% dividend yield alluring. The real estate investment trust (REIT) is reasonably priced, but management is overhauling the business, which could affect its future dividend payout. That has some shareholders wondering if now is the time to sell. Which direction is right for you?
Whether you own the stock, hold Rithm Capital stock, or are considering buying it today, here are some things you'll want to consider first.
Rithm Capital is undergoing a transformation