[8-K] Mr. Cooper Group Inc. Reports Material Event
Rhea-AI Filing Summary
Mr. Cooper Group Inc. declared a cash dividend of $2.00 per share to holders of its common stock, par value $0.01 per share. The action was announced in a press release dated September 19, 2025 and is presented in the companys Form 8-K reporting a material event. The filing includes a cover page interactive data file embedded in the Inline XBRL document and is signed by Kurt Johnson, Executive Vice President & Chief Financial Officer.
Positive
- Board-declared cash dividend of $2.00 per share to holders of Mr. Cooper common stock
- Formal disclosure via a press release dated September 19, 2025
- Signed in the filing by Kurt Johnson, Executive Vice President & Chief Financial Officer
Negative
- None.
Insights
TL;DR: A $2.00 per-share cash dividend has been declared, signaling a direct cash return to common shareholders.
The declaration of a $2.00 per-share cash dividend is a straightforward capital allocation decision that increases near-term shareholder cash flow. The filing provides the dividend amount, the stock par value ($0.01), and the press release date (September 19, 2025), but does not disclose the payment date, record date, or funding source. Without those details or context on earnings, cash balances, or dividend frequency, the material effect on valuation or cash runway cannot be fully assessed from this document alone.
TL;DR: Board action formally declared a $2.00 cash dividend; disclosure is limited to the announcement.
The 8-K properly records a board-declared dividend and cites an accompanying press release. Signature by the Executive Vice President & CFO, Kurt Johnson, confirms corporate authorization. The filing does not include governance detail such as board resolution text, shareholder approval conditions (if any), or timing specifics. This disclosure meets material event reporting requirements but leaves governance and execution details unspecified.