Rithm Property Trust Inc. (RPT) to Issue Quarterly Dividend of $0.36 on July 31st

Rithm Property Trust Inc. (NYSE:RPT) announced a quarterly dividend on Friday, June 26th. Stockholders of record on Tuesday, July 7th will be given a dividend of 0.36 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date of this dividend is Tuesday, July 7th.

Rithm Property Trust Stock Performance

NYSE RPT opened at $14.70 on Friday. The firm has a market cap of $114.22 million, a PE ratio of -50.69 and a beta of 1.24. The business has a 50-day simple moving average of $14.51. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.93. Rithm Property Trust has a twelve month low of $12.88 and a twelve month high of $17.94.

Rithm Property Trust (NYSE:RPT) last issued its quarterly earnings data on Friday, April 24th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.02. The company had revenue of $2.85 million for the quarter. Rithm Property Trust had a return on equity of 1.27% and a net margin of 5.52%. Equities analysts predict that Rithm Property Trust will post 0.08 EPS for the current fiscal year.

Rithm Property Trust Company Profile

Rithm Property Trust Inc is a real estate investment trust (REIT) externally managed by an affiliate of Rithm Capital Corp. (Rithm). The company focuses on commercial real estate-focused investment, including originating, acquiring and managing portfolios of CMBS, commercial real property, commercial mortgage loans and other CRE investments. It has two reportable operating segments: Residential and Commercial. The majority of the company’s revenue is derived from the Residential segment, which is focused on managing a portfolio that includes residential mortgage assets, including whole mortgage loans, RMBS and beneficial interests.