This 9% Yielding Dividend Stock Keeps Getting Better - RITM Stock
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- čas přidán 14. 03. 2024
- If there's one type of investment I criticize all the time on this channel, it's mortgage REITs. That's because the vast majority of them experience poor long term performance due to their risky investing strategies and the high amounts of leverage they employ. Whenever I do get on my soapbox about them, I always add a little disclaimer, which is that there are a couple exceptions that exist. Although nearly all of the big names in this sector aren't very good, I always say that there are a couple that are good. So I thought we'd take a look at one of those exceptions. Unlike the vast majority of their peers, Rithm Capital is a company that's seen a lot of success following a serious transformation of their business.
Unlike every other mortgage REIT, their stock has done significantly well in the last year. The share price of Rithm is currently up about 34% compared to a year ago, and that doesn’t even account for the huge dividends it pays. And the reason for this I think has to do with how well the company's positioned themselves and how they’ve evolved over the years. So in today's video we'll take a look at what makes this company so successful, and why things continue to look really good for them. Rithm Capital ticker RITM, is an asset manager focused on real estate, credit, and financial services. It operates through four segments, which are Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable, and Asset Management segments. Its investment portfolio primarily comprises of mortgage servicing rights and MSR financing receivables. They also hold real estate securities, call rights, single family rental properties, and consumer and business purpose loans.
/ dividendbull
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne’ for the last five years or so, and her returns have been pretty much amazing.
Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Melissa.
I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
Facing a similar situation, I sought advice from an invęstment advisęr. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $200k to over $800k in a few years.
Impressive can you share more info?
Colleen Rose Mccaffery’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority. I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time.
that's quite impressive, you surely made a good bit of money. I myself invested in warren's BRK-A stock quite pricey but totally worth it.
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
STEPHANIE KOPP MEEKS! she is whom i work with look her up.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
Very good video as always! If at all possible, can you do an update on ABR (considering you're mentioning M-REITs)?
My biggest holding in my portfolio. 13k shares a nice 3250 a quarter
Same here. Love it!
Excelent! You confirm with this video my full opinión aborto the company. I agree with you completly.
$RITM has been one of my favorite holdings since I bought it in 2020. I picked up 1,000 shares at $4.62, so I’ve had great capital appreciation plus I’m already 3/4 of the way of receiving my initial investment amount back via dividends. I liked how the management was adaptive to take on new business sides to combat the expected high interest rate environment to keep posting profits, but I didn’t consider the risk that you mentioned of them fully transitioning out of a REIT. Thanks for pointing that out
The company you mention RITM doesn't have dividend? If so where can I find it. thanks!!!!
@@travisjackson9754i always google the ticker with dividend so in this case "ritm dividend" and look for the nasdaq link, it's usually at the top. In this case it shows them paying 25c each quarter since oct of 21.
The pay .25 per share every 3 months rithm
I like it so far as one of my holdings. Good dividend and decent growth
I remember when NEWT transformed itself, and it was very disappointing. Whether RITM follows the same path or not, this is a great warning for something that investors have to watch. Thank you.
Love the videos
Great video. I own the preferred and avoid the common due to the risks you noted. I used to own NEWT and fortunately sold the stock immediately on its conversion announcement. I learned that lesson.
Rithm I own I did not know there payout was that low. I was thinking about there .25 dividend & how it hasn't grown, I bought some other reits a few day's ago, Aries, Redwood, blue owl Apollo, Pennetpark floating capital, brandy wine capital, Kinder Morgan, ect ect. Thank for all you're reviews.
My three reits are O ABR and RITM...and yes its way outperformed the other two.
Bull thanks for all of your work, can you do a video analyzing the new weekly efts QDTE and XDTE. I know that about a year or so ago you made a video analyzing the sofi weekly etfs WKLY and TGIF.
I just sold out of all my RITM at a great profit - initially bought when the stock was $7.50 - I sold because I’m looking for more dividend growth over the long term.
Great vid
9 $ was ok for it. Sold when went over 10 now on watch list
When it wise to use rithm tickers with +PRA PRC PRD?
Sounds like making stop loss exit strategy on this is important now...
Did you guys happen to see BXMT today? Then after the market closed, they announced their normal quarterly dividend right on schedule.
I've had this stock for several months. I've been very pleased with the investment and dividend payments. If they do move to convert I most likely will sell, I hope not it's in my Roth account.
Don't sell growth stocks are good too just watch what they are doing
@@darylmclain5181 I'd prefer a sound dividend stock with moderate growth. Even when there is a bearish day you still get dividend payments. Reinvesting the dividend reduces the average cost basis and eventually you can cash out the dividend payment if needed without selling the stock.
For the algorithm!
They’re up 52% in the past year - tip ranks consensus 10% this year. So there’s that.
Mfa was under a dolar during pandiemic because of money supply and margin calls triggering during pandemic. Most of these reits had to sell off part of their portfolio for a big loss. Not just isolated to one reit
I've got 55 shares of RITM. If they do wind up cutting their dividend I can always just pivot to more shares of O.
Earnings cover dividend easily, they could raise it however management keeps buying shit and now stock buybacks
Tons of Short Sellers
For the algorithm
Nice! Gonna use this in the future hope you don't mind
Sounds to risky . Like the 2 I have. Stag and vici properties
Vici properties is awesome and cant find any chinks in its armor. Has high rent district, the best location ,property that will inflate in price over time and more big deals coming , I really think they will buy the sphere of build something better. Money maker. Will triple in nest 10 years
RITM has a bad balance sheet. I would not buy.
Why?
@@daemianbox Why would you buy a stock that cannot pay its bills? If I have enough money left over, I can give my wealth. If I am struggling to make ends meet, why would I give out my wealth?
Stocks that have a lot of liabilities make YOU, the shareholder, pay for their losses.
@@wewhoareabouttodiesaluteyo9303Good point! What do you think of ABR ? (just curious)
Rithm is 1 of my top payers of dividend I'm buying more my plan is 1,500 a month worth of purchases each month