AJX - Dividend announcements

Rithm Capital Corp. (NYSE:RITM, "Rithm"))), a global asset manager focused on real estate, credit and financial services, and Great Ajax Corp. (NYSE:AJX, "Great Ajax"))), a real estate investment trust, today completed their previously announced transaction. As part of the transaction, Great Ajax has entered into a management agreement with an affiliate of Rithm to serve as Great Ajax's external manager. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610363273/en/ The transaction marks a significant milestone for Great Ajax, with plans to transition the company from a legacy residential loan platform into an opportunistic veh

First Quarter Highlights Interest income of $15.7 million; net interest income of $1.6 million Net loss attributable to common stockholders of $(74.3) million Operating loss of $(4.8) million or $(0.16) per common share Earnings per share ("EPS") per basic common share was a loss of $(2.41) of which $(0.50) per basic common share relates to the accrual of the manager termination fee Taxable loss of $(0.67) per share attributable to common stockholders after payment of dividends on our previously issued preferred stock Book value per common share of $6.87 at March 31, 2024 Collected total cash of $80.9 million from loan payments, sales of loans, sales of real estate owne

Fourth Quarter Highlights Interest income of $17.7 million; net interest income of $3.2 million Net loss attributable to common stockholders of $(23.2) million Operating loss of $(1.8) million Earnings per share ("EPS") per basic common share was a loss of $(0.86) Operating loss per basic common share of $(0.07) Taxable loss of $0.03 per share attributable to common stockholders after payment of dividends on our preferred stock Book value per common share of $9.99 at December 31, 2023 Collected total cash of $30.4 million from loan payments, sales of real estate owned ("REO") properties and collections from investments in debt securities and beneficial interests H

Great Ajax Corp. (NYSE:AJX) (the "Company") today announced that the Board of Directors of the Company declared a special cash dividend related to 2021 taxable income of $0.10 per share of the Company's common stock, which will be payable on January 25, 2022 to common stockholders of record as of January 10, 2022. About Great Ajax Corp. Great Ajax Corp. is a Maryland corporation that is a real estate investment trust that focuses primarily on acquiring, investing in and managing re-performing loans secured by single-family residences and commercial properties and, to a lesser extent, non-performing loans. We also originate and acquire loans secured by multi-family residential and smaller

First Quarter Highlights Purchased $31.6 million re-performing mortgage loans ("RPLs"), with unpaid principal balance ("UPB") of $36.0 million at 57.2% of property value, $0.4 million of non-performing mortgage loans ("NPLs"), with UPB of $0.7 million at 50.1% of property value, and $3.6 million small-balance commercial loans ("SBCs"), with UPB of $3.6 million at 36.5% of property value, to end the quarter with $1.1 billion in net mortgage loans Interest income of $24.0 million; net interest income of $13.7 million excluding a net $5.5 million acceleration of purchase discount on loans that paid off during the quarter as actual payoffs exceeded modeled expectations Net income attribut

NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX), a Maryland corporation that is a real estate investment trust, today announces its results of operations for the quarter ended December 31, 2020. We focus primarily on acquiring, investing in and managing a portfolio of RPLs secured by single-family residences and commercial properties and, to a lesser extent, NPLs. In addition to our continued focus on residential RPLs, we also originate and acquire SBCs secured by multi-family retail/residential and mixed use properties. Selected Financial Results (Unaudited) ($ in thousands except per share amounts)     For the three months ended     Decemb