Ready Capital Corporation Declares Third Quarter 2021 Dividends
09/15/2021 - 04:15 PM
NEW YORK , Sept. 15, 2021 /PRNewswire/ -- Ready Capital Corporation (NYSE:RC) (the "Company") announced that its Board of Directors declared a quarterly cash dividend of $0.42 per share of common stock and Operating Partnership unit for the quarter ended September 30, 2021 . This dividend is payable on October 29, 2021 to shareholders of record as of the close of business on September 30, 2021 .
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 $0.39 0625 per share of Series C Preferred Stock payable on October 15, 2021 to Series C Preferred Stock holders of record as of the close of business on September 30, 2021 .
The Company declared a dividend of $0.40 625 per share of Series E Preferred Stock payable on November 1, 2021 to Series E Preferred Stock holders of record as of the close of business on September 30, 2021 .
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.
Contact
Investor Relations Ready Capital Corporation 212-257-4666 InvestorRelations@readycapital.com
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SOURCE Ready Capital Corporation
Ready Capital Corp
NYSE:RC
RC Rankings
#3546 Ranked by Stock Gains
RC Stock Data
Industry
Other Financial Vehicles
Sector
Finance and Insurance
Tags
Finance, Real Estate Investment Trusts, Finance and Insurance, Other Financial Vehicles
Country
US
City
New York
About RC
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