Ready Capital Corporation Declares Fourth Quarter 2024 Dividends
Ready Capital (NYSE:RC) has announced its fourth quarter 2024 dividend declarations.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Ready Capital (NYSE:RC) has announced its fourth quarter 2024 dividend declarations. The company will pay a quarterly cash dividend of $0.25 per share of common stock and Operating Partnership unit for Q4 2024, payable on January 31, 2025, to shareholders of record as of December 31, 2024.
Additionally, the company declared dividends on its preferred stocks: $0.390625 per share for Series C Preferred Stock and $0.40625 per share for Series E Preferred Stock, both payable in January 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 payment maintained at $0.25 per share
- Continued preferred stock dividend distributions indicating financial stability
Negative
- None.
Details
News Market Reaction – RC
The recorded move for RC in the trading session of this news was +0.81%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of
Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its
The Company declared a dividend of
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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 350 professionals nationwide.
Contact
Investor Relations
212-257-4666
InvestorRelations@readycapital.com
Media Relations
PR@readycapital.com
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