This Ultra-High-Yield Dividend Stock Is Taking Steps to Boost Its Value

Rithm Capital (RITM 1.86%) currently offers investors a monster dividend. The real estate investment trust (REIT) pays them $1 per share in dividends each year. That gives it a yield approaching 10% at the recent share price. Its low share price is a big factor driving the REIT's ultra-high yield. The stock has lost nearly 40% of its value over the past five years, and that's something Rithm Capital wants to change. Here's a look at the steps it's taking to increase its value. Building a leading asset manag ...