The Traderszone Network

Published in TZ Latest News 8 September, 2014 by The TZ Newswire Staff

Altisource Residential Continues To Pile Up Income, Fueling Future Dividend Growth

By Tim Plaehn:

Altisource Residential Corp (NYSE:RESI) has a problem, and that problem is good news for investors. The company is growing taxable income as such a rate, it must grow the dividend at double digit quarter-over-quarter increases just to stay inside of the REIT dividend payout rules. RESI just announced its 2014 third quarter dividend with a 22% increase over the second quarter rate.

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