RITM-P-C: Rithm Capital Corp. 6.375% Series C Preferred Stock
Rithm Capital Corp.'s RITM-P-C is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $24.50, RITM-P-C yields 9.56% on its $25 liquidation preference and 6.375% coupon.
It trades at a discount of 2.0% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2025-02-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.