Ready Capital Corporation Declares First Quarter 2025 Dividends

Rhea-AI Summary

Ready Capital Corporation announced its Q1 2025 dividend declarations. The company will pay a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for Q2 2025, payable on July 31, 2025, to shareholders of record as of June 30, 2025. The Board also declared dividends for preferred stockholders: $0.390625 per share for Series C Preferred Stock (payable July 15, 2025) and $0.40625 per share for Series E Preferred Stock (payable July 31, 2025). Ready Capital is a multi-strategy real estate finance company focusing on lower-to-middle-market commercial real estate loans, including agency multifamily, investor, construction, bridge, and SBA Section 7(a) loans.

Positive

• Consistent dividend payments demonstrate financial stability
• Diversified revenue streams across multiple real estate financing segments
• Strong market presence with nationwide operations and 500 professionals

Negative

• None.

NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2025. This dividend is payable on July 31, 2025, to shareholders of record as of the close of business on June 30, 2025.

Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the “Series C Preferred Stock”), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”).

The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on July 15, 2025, to Series C Preferred stockholders of record as of the close of business on June 30, 2025.

The Company declared a dividend of $0.40625 per share of Series E Preferred Stock payable on July 31, 2025, to Series E Preferred stockholders of record as of the close of business on June 30, 2025.

About Ready Capital Corporation

Ready Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services lower-to-middle-market investor and owner occupied commercial real estate loans. The Company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program. Headquartered in New York, New York, the Company employs approximately 500 professionals nationwide.

Contact

Investor Relations
212-257-4666
InvestorRelations@readycapital.com 

Media Relations
PR@readycapital.com 

FAQ

What is Ready Capital's (RC) dividend payment for Q1 2025?

Ready Capital declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit, payable on July 31, 2025.

When is the record date for Ready Capital's (RC) Q1 2025 dividend?

The record date for Ready Capital's Q1 2025 dividend is June 30, 2025.

What are the preferred stock dividend rates for Ready Capital (RC)?

Ready Capital pays $0.390625 per share for Series C Preferred Stock and $0.40625 per share for Series E Preferred Stock quarterly.

What type of loans does Ready Capital (RC) specialize in?

Ready Capital specializes in lower-to-middle-market commercial real estate loans, including agency multifamily, investor, construction, bridge, and SBA Section 7(a) loans.

How many professionals does Ready Capital (RC) employ?

Ready Capital employs approximately 500 professionals nationwide.