Rithm Capital (RITM) Dividend Coverage Ratio (2019 - 2023)
Rithm Capital's Dividend Coverage Ratio was 1.35 in Q3 2023, up 51.3% from 0.89 a year earlier but down 45.7% from the prior quarter.
Rithm Capital (RITM) Dividend Coverage Ratio (2019 - 2023) Analysis & Trends
On a trailing twelve-month basis, Rithm Capital's Dividend Coverage Ratio was 1.24 through Sep 30, 2023, down 35.5% year-over-year; for FY2021, it came in at 1.88.
- In earlier years, Dividend Coverage Ratio was -4.41 in FY2020, 0.68 in FY2019 (-53.3%), 1.46 in FY2018 (-13.3%) and 1.68 in FY2017.
- Quarterly Dividend Coverage Ratio has moved between -7.71 (Q1 2020) and 4.76 (Q1 2022) over five years.
- Compared with a year earlier, Dividend Coverage Ratio was higher in three of the last five quarters, with growth averaging 13.6%.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q4 2021 (growth of 98.2%); the worst was Q1 2023 (a decline of 89.7%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 38.33 |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 8.64 |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 5.86 |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | Rithm Capital | 5.09 Bn | -3.77 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 1.35 |
| Jun 30, 2023 | 2.49 |
| Mar 31, 2023 | 0.49 |
| Sep 30, 2022 | 0.89 |
| Jun 30, 2022 | -0.02 |
| Mar 31, 2022 | 4.76 |
| Dec 31, 2021 | 2.18 |
| Sep 30, 2021 | 1.36 |
| Jun 30, 2021 | 1.09 |
| Mar 31, 2021 | 3.35 |
| Dec 31, 2020 | 1.10 |
| Sep 30, 2020 | 1.87 |
| Jun 30, 2020 | -0.43 |
| Mar 31, 2020 | -7.71 |
| Dec 31, 2019 | 1.02 |
| Sep 30, 2019 | 1.08 |
| Jun 30, 2019 | -0.15 |
| Mar 31, 2019 | 0.79 |
Rithm Capital Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=RITM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "RITM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=RITM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();