Rithm Capital Corp | 8.750% Series F Fixed-Rate Reset Cumulative Redeemable Preferred Stock (RITM.PRF)
Prospectus excerpt: We are offering 10,000,000 shares of our 8.75% Series F Fixed-Rate Reset Cumulative Redeemable Preferred Stock, $0.01 par value per share, with a liquidation preference of $25.00 per share (the “Series F Preferred Stock”) by this prospectus supplement and the accompanying prospectus. Dividends on the Series F Preferred Stock are cumulative from and including the date of original issue and will be payable quarterly in arrears on or about the 15th day of February, May, August and November of each year, commencing May 15, 2026, in each case when, as, and if declared by our board of directors out of funds legally available for such purpose
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| Series: | F | | Alternate symbology: | RITM-F, RITM-PF, RITMprF | | Redeemable?: | Yes | | Call Date: | 2/15/2031 | | Perpetual?: | Yes | | Cumulative?: | Yes | | Shares Offered: | 10,000,000 | | Overallotment: | 1,500,000 | | Liquidation Preference: | $25.00 | | Recent Market Price: | $24.82 | Discount to Liquidation Preference: (More Preferreds Trading at a Discount ») | $-0.18 (-0.72%) | | Annualized Dividend: | 2.770833 | | Recent Ex-Date: | 5/1/2026 | | Current Yield: | 11.16% | | Original Coupon: | 8.75% | | Pay Period: | Quarterly | | Pay Dates: | 15-Feb, 15-May, 15-Aug, 15-Nov | | "Compliance Score" Rating: |
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Rithm Capital is a holding company. Through its subsidiaries, Co. is an investment manager with a vertically integrated mortgage platform. Co.'s portfolio is composed of mortgage servicing rights (MSR), mortgage origination and servicing companies (including ancillary mortgage services businesses), residential mortgage-backed securities, properties and loans, consumer loans, and other investments. Co. is externally managed and advised by an affiliate of Fortress Investment Group LLC. Co. conducts its business in six segments: Origination, Servicing, MSR Related Investments, Residential Securities, Properties and Loans, Consumer Loans, and Mortgage Loans. Preferreds: RITM.PRA, RITM.PRB, RITM.PRC, RITM.PRD, RITM.PRE, RITM.PRF Open the RITM Information Page »
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