Stubbornly High Mortgage Rates Benefit This 8.5% Dividend Stock
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The article discusses how persistently high mortgage rates are benefiting a particular dividend stock, which offers an 8.5% yield. This situation is advantageous for investors looking for income in a high-rate environment.
February 13, 2025 | 5:30 pm
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RITM is benefiting from high mortgage rates, which support its 8.5% dividend yield, making it attractive to income investors.
High mortgage rates can lead to increased profitability for companies like RITM, which may have mortgage-related investments. This supports their ability to maintain or increase dividend payouts, making the stock more attractive to income-focused investors.
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