
Rithm Property Trust Inc. Declares Second Quarter 2025 Common and Preferred Dividends
Common Stock Dividend
The Board declared a cash dividend of $0.06 per share of common stock. The second quarter common stock dividend is payable on August 29, 2025, to stockholders of record as of August 15, 2025.
Preferred Stock Dividend
In accordance with the terms of Rithm Property Trust's 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ('Series C'), the Board declared a Series C dividend for the second quarter 2025 of $0.6171875 per share. The second quarter Series C dividend is payable on August 15, 2025, to preferred stockholders of record on August 1, 2025.
About Rithm Property Trust Inc.
Rithm Property Trust is a real estate investment platform externally managed by an affiliate of Rithm Capital Corp. (NYSE: RITM). Rithm Property Trust has historically focused on acquiring, investing in and managing re-performing loans and non-performing loans secured by single-family residences and commercial properties. In connection with its 2024 strategic transaction with Rithm Capital, the Company transitioned to a flexible commercial real estate focused investment strategy. Rithm Property Trust is a Maryland corporation that is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 minutes ago
- Yahoo
Kosmos Energy (KOS) Soars 7.7% Ahead of Q2 Earnings
We recently published . Kosmos Energy Ltd. (NYSE:KOS) is one of the best-performing stocks on Monday. Kosmos Energy saw its share prices increase by 7.66 percent on Monday to close at $2.39 apiece as investors repositioned portfolios ahead of its earnings release next week. According to the company, it is scheduled to release the results of its financial and operating highlights on August 4, 2025. An investor call will be held on the same day to elaborate on the results. Based on its guidance announced earlier this year, Kosmos Energy Ltd. (NYSE:KOS) said it was targeting to produce between 66,000 and 72,000 barrels of oil per day (boe/d) for the second quarter of the year, and between 70,000 to 80,000 boe/d for full-year 2025. In the first quarter alone, the company was able to produce 60,500 boe/d. Copyright: Elnur / 123RF Stock Photo Also in the first quarter, Kosmos Energy Ltd. (NYSE:KOS) swung to a net loss of $110.6 million from a $91.7 million net income in the same period last year. Total revenues and other income ended at $290 million, lower by 31 percent than the $419 million in the same period last year. While we acknowledge the potential of KOS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
Yahoo
4 minutes ago
- Yahoo
PagerDuty (PD) Climbs 7% on Analyst Upgrade, Sale Reports
We recently published . PagerDuty, Inc. (NYSE:PD) is one of the best-performing stocks on Monday. PagerDuty rallied for a second day on Monday, adding 7.06 percent to close at $16.83 apiece as investors took heart from an analyst upgrade and news that it was exploring a sale. In its market note, investment firm TD Cowen raised its price target and recommendation for PagerDuty, Inc. (NYSE:PD) to $22 from $17 and to 'buy' from 'hold' previously. This followed a report by Reuters on Friday, quoting sources privy to the matter, that PagerDuty, Inc. (NYSE:PD) was exploring a potential sale after receiving interest from buyers. Reuters said PagerDuty, Inc. (NYSE:PD) is currently working with Qatalyst Partners to facilitate the potential acquisition, and that investment bankers are now soliciting further buyer interest. Copyright: stokkete / 123RF Stock Photo According to TD Cowen, Qatalyst Partners has a strong track record of facilitating software mergers and acquisitions, adding that many of its facilitated transactions resulted in sales over the years. PagerDuty, Inc. (NYSE:PD) is a California-based software maker that helps businesses monitor their IT systems and respond to cyber incidents and outages. While we acknowledge the potential of PD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Sign in to access your portfolio
Yahoo
4 minutes ago
- Yahoo
UPS Volume Takes A Hit On Tariff-Induced Weakness, Withholds Annual Outlook
United Parcel Service Inc. (NYSE: UPS posted second-quarter results Tuesday that beat revenue expectations but narrowly missed the consensus earnings estimate, as the shipping giant continues to navigate a complex global trade environment. The Atlanta-based logistics giant posted adjusted earnings per share of $1.55, narrowly missing the consensus estimate of $1.57. Revenue was $21.2 billion, beating the expected $20.87 billion. Operating profit for the quarter totaled $1.8 billion, or $1.9 billion on an adjusted basis. The adjusted consolidated operating margin rose to 8.8%, up from 8.2% in the first the U.S. Domestic segment, revenue fell 0.8% year over year to $14.08 billion, driven by lower package volumes. The adjusted operating margin remained steady at 7% compared to last year's quarter. The International segment generated $4.49 billion in revenue, up 2.6% from a year ago, fueled by a 3.9% increase in average daily volume. However, the adjusted operating margin fell to 15.2%, down from 18.9% a year earlier. Supply Chain Solutions revenue dropped 18.3% to $2.65 billion, mainly due to the prior-year divestiture of freight brokerage unit Coyote. Still, the segment's adjusted operating margin improved to 8%, from 7.5% in the second quarter of 2024. For the first half of 2025, UPS reported operating cash flow of $2.67 billion and free cash flow of $742 million. The company reported a 6.1% increase in GAAP cost per piece to $12.18, or $12.12 on an adjusted basis, up 5.6% year over year. U.S. daily volume declined to 16.6 million packages. View more earnings on UPS 'We are making meaningful progress on our strategic initiatives,' said CEO Carol Tomé, praising UPS employees for navigating a 'dynamic and evolving trade environment.' The company is undergoing a multi-year transformation effort to streamline its operations and cost structure. Transformation 2.0, Fit to Serve, and Network Reconfiguration programs include workforce reductions, technology upgrades, and facility closures. UPS expects to save $3.5 billion through these initiatives in 2025, with $400 million to $650 million in related expenses. Key Takeaways From Earnings Call During the earnings conference call, the CEO of UPS highlighted several key factors impacting the company's performance. A significant point of discussion was the China to U.S. trade lane, which UPS is actively monitoring. The CEO noted that a year-over-year drop in average daily volume in this lane was directly attributed to the increased tariffs and the elimination of de minimis exceptions. UPS CFO noted that U.S. trade policy changes during the quarter resulted in a 34.8% decline on the China to U.S. lane in May and June, a figure described as 'higher than we expected.' Furthermore, the CEO reportedly addressed the domestic U.S. market, stating that the U.S. small package market was unfavorably impacted by U.S. consumer sentiment that was near historic lows. This indicates a broader economic headwind affecting consumer spending and, consequently, package delivery volumes within the United States. UPS said that its low-cost Ground Saver product experienced a significant year-over-year volume drop of 23%. This decline was partly attributed to fewer Amazon delivery reductions, suggesting a shift in Amazon's delivery strategies impacting UPS's Ground Saver service. Regarding the ongoing relationship with Amazon, the CFO stated an expectation to accelerate the pace of Amazon volume decline to approximately 30% year-over-year in each of the third and fourth quarters. Looking ahead, the CEO also commented on the upcoming peak season, noting that customers have not yet shared their peak season plans. This delay is likely due to uncertainty over U.S. trade policies. Outlook Due to ongoing macroeconomic uncertainty, UPS withheld revenue and profit guidance for 2025. However, the company reaffirmed key financial targets, including $3.5 billion in cost savings from its ongoing network reconfiguration and Efficiency Reimagined initiatives. Capital expenditures remain projected at $3.5 billion, while dividend payments are expected to total $5.5 billion, subject to board approval. Share buybacks of $1 billion have already been completed. Price Action: UPS shares are trading lower by 5% at $96.50 premarket at last check Tuesday. Read Next:Photo via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? UNITED PARCEL SERVICE (UPS): Free Stock Analysis Report This article UPS Volume Takes A Hit On Tariff-Induced Weakness, Withholds Annual Outlook originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data