Rithm Capital: It's Not Too Late To Buy

  • Rithm Capital offers a secure 9% dividend yield, well-covered by distributable earnings, making it highly attractive for passive income investors. The trust's significant Mortgage Servicing Rights exposure benefits from a higher-for-longer interest rate environment, supporting resilience and upside potential. Rithm Capital trades at a 9% discount to book value, providing a margin of safety and potential for re-rating as market conditions stabilize.