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Friday, 03/23/2018 8:00:40 AM

Friday, March 23, 2018 8:00:40 AM

Post# of 1386

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.

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