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Ready Capital Corporation Declares Fourth Quarter 2020 Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
NEW YORK, Dec. 14, 2020 /PRNewswire/ -- Ready Capital Corporation (NYSE:RC) announced that its Board of Directors declared a quarterly cash dividend of $0.35 per share of common stock and Operating Partnership unit for the quarter ended December 31, 2020. This dividend is payable on January 29, 2021 to shareholders of record as of the close of business on December 31, 2020.
About Ready Capital Corporation
Ready Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services small to medium balance commercial loans. Ready Capital specializes in loans backed by commercial real estate, including agency multifamily, investor and bridge as well as SBA 7(a) business loans. Headquartered in New York, New York, Ready Capital employs over 500 lending professionals nationwide. The company is externally managed and advised by Waterfall Asset Management, LLC.
ready capital corporation operates as a real estate finance company in the united states. the company originates, acquires, finances, and services small balance commercial (sbc) loans, small business administration (sba) loans, and residential mortgage loans, as well as mortgage backed securities collateralized primarily by sbc loans, or other real estate-related investments. it operates through four segments: acquisitions; sbc originations; sba originations, acquisitions and servicing; and residential mortgage banking. the acquisitions segment acquires performing and non-performing sbc loans. the sbc originations segment originates sbc loans secured by stabilized or transitional investor properties using various loan origination channels; and originates and services multi-family loan products. the sba originations, acquisitions and servicing segment acquires, originates, and services owner-occupied loans guaranteed by the sba. the residential mortgage banking segment originates reside
View original content:http://www.prnewswire.com/news-releases/ready-capital-corporation-declares-fourth-quarter-2020-dividend-301192360.html