Key Highlights

  • Rithm's $0.25 third-quarter common dividend goes ex-dividend October 1, 2026 and is payable October 30 to shareholders of record.
  • Second-quarter GAAP net income was $20.2 million, or $0.04 per diluted common share.
  • Earnings available for distribution, a non-GAAP measure, were $338.9 million, or $0.60 per diluted common share.
  • Book value per common share was $12.33, and the second-quarter common dividend paid totaled $139.6 million.

Overview

Rithm Capital Corp.'s (NYSE:RITM) $0.25 third-quarter common dividend yields 10.96% and matches the $0.25 declared for the second quarter on June 22, 2026. Second-quarter earnings available for distribution, a non-GAAP measure, were $0.60 per diluted common share, and GAAP net income was $0.04. The 10-Q shows $139.6 million of common dividends distributed.

Dividend Program and Shareholder Returns

Rithm's board declared a third-quarter 2026 common dividend of $0.25 per share, announced in September 2026, payable October 30 to shareholders of record on October 1. The board declared $0.25 for the second quarter on June 22, 2026, and the second-quarter 10-Q shows $139.6 million distributed.

The company declared preferred stock dividends for its Series A through Series F securities separately, payable November 16 to preferred shareholders of record on November 1. Those are not part of the common dividend.

About the Company

Rithm Capital is a global alternative asset manager with experience managing credit and real estate assets. Its platform spans asset-light and asset-heavy businesses, including Newrez for mortgage origination and servicing, Genesis for real estate lending, Sculptor Capital Management and Crestline Investors. It operates as a REIT, and GAAP book value can change with the fair value of mortgage servicing rights, hedges and financing.

Financial Performance Behind the Payout

Rithm reported second-quarter GAAP net income of $20.2 million, or $0.04 per diluted common share. Earnings available for distribution, a non-GAAP measure, were $338.9 million, or $0.60 per diluted common share. Book value per common share was $12.33.

The reconciliation from GAAP net income to earnings available for distribution included $181.1 million of realized and unrealized losses, $14.2 million of other losses, $87.9 million of depreciation and amortization, $21.9 million of transaction expenses and $13.6 million of deferred taxes.

GAAP Net Income and Earnings Available for Distribution Reported Separately

Rithm's second-quarter GAAP net income of $0.04 per diluted share differs from earnings available for distribution of $0.60 per diluted share because of the reconciling items the company lists, including realized and unrealized losses and transaction expenses.

Management said its asset management business reached $61 billion of assets under management, with $1.9 billion of gross inflows. Genesis recorded its strongest origination quarter, and Newrez reported a 22% annualized operating return on equity.

The company's Q2 results were announced July 28, 2026, and the June 30 10-Q is its latest financial filing.

Outlook

Rithm reports earnings available for distribution, book value per common share and assets under management each quarter, which were $0.60, $12.33 and $61 billion in the second quarter. Fair value changes in mortgage servicing rights and other investments affect its GAAP results.