RITM-P-B: Rithm Capital Corp. 7.125% Series B Preferred Stock
Rithm Capital Corp.'s RITM-P-B is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $25.14, RITM-P-B yields 10.05% on its $25 liquidation preference and 7.125% coupon.
It trades at a premium of 0.6% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2024-08-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.