This Ultra-High-Yield Dividend Stock Is Dirt Cheap -- and Wall Street Thinks It Will Soar Nearly 30% Over the Next 12 Months
Growth investors, income investors, and value investors have different objectives. It makes sense that they will rarely find a stock they can all like.
This doesn't mean that there aren't any stocks that offer tremendous growth prospects, juicy dividends, and are available at a discount. Here's one ultra-high-yield dividend stock that's dirt cheap -- and Wall Street thinks it will soar nearly 30% over the next 12 months.
Rithm Capital (NYSE: RITM) is organized as a real estate investment trust (REIT). Like all REITs, it must return at least 90% of its income to shareholders through dividends to be exempt from paying federal taxes.
Source Fool.com
