New Residential Investment (NYSE:NRZ) declares $0.50/share quarterly dividend, in line with previous. Forward yield 11.93% Payable April 27; for shareholders of record April 2; ex-div March 29. Meanwhile China is striking Back. Oh Geee that's a surprise! Shivers are running through the equity markets again, triggering a flight to safety overnight, as China's commerce ministry struck back following President Trump's move to impose tariffs on up to $60B of Chinese imports. Beijing will take measures against the 128 U.S. products in two stages - that cover about $3B and $1.9B, respectively - if it cannot reach an agreement with Washington. Legal action under WTO rules is also being considered.