Rocket Companies, Inc. (RKT)
Rocket Companies, Inc. is a Detroit-based financial services firm primarily known for its digital mortgage lending platform. It was founded in 2016 as a parent company for Rocket Mortgage and other related brands, offering home financing, mortgage services, and real estate solutions through online channels. Rocket Companies has grown rapidly by leveraging technology to streamline the mortgage process and improve customer experience in the housing finance industry.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 3, 2025 | $0.80 | 2025-03-20 | 2025-03-20 |
| March 22, 2022 | $1.01 | 2022-03-07 | 2022-03-08 |
| March 23, 2021 | $1.11 | 2021-03-08 | 2021-03-09 |
Dividends Summary
- Rocket Companies, Inc. has issued 3 dividend payments over the past 4 years
- The most recent dividend was paid 202 days ago, on April 3, 2025
- The highest dividend payed out to investors during this period was $1.11 per share
- The average dividend paid during this period was $0.97 per share.
Company News
Douglas Elliman, a real estate brokerage company, is positioned for potential growth as the Federal Reserve considers cutting interest rates. The company has diversified its business, expanded internationally, and is showing financial improvements despite a sluggish housing market.
Rocket Companies completed its merger with Mr. Cooper Group, becoming the largest mortgage originator despite recent stock price volatility. Analysts see the current stock price as an attractive entry point, anticipating potential benefits from future interest rate cuts.
As expectations grow for Federal Reserve rate cuts, the mortgage and real estate sectors are showing potential for growth, with mortgage rates already decreasing and housing inventory increasing. Three stocks are highlighted as potential beneficiaries of this trend.
A class action lawsuit has been filed against Rocket Companies alleging securities law violations during a specific trading period in 2021, with investors potentially eligible to join the lawsuit.
