UPDATE -- Ready Capital Corporation Declares Second Quarter 2025 Dividends

Rhea-AI Summary

Ready Capital Corporation has announced its Q2 2025 dividend distributions. The company declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit, payable on July 31, 2025, to shareholders of record as of June 30, 2025. Additionally, the Board declared dividends for two preferred stock series: $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 dividend structure across common and preferred shares
• Multiple revenue streams from various real estate financing activities

Negative

• Relatively low common stock dividend amount of $0.125 per share
• Higher dividend rates on preferred shares could impact funds available for common stockholders

Insights

Financial Dividend Analyst

Ready Capital maintains consistent quarterly dividend payouts across common and preferred shares, reflecting stable income generation for shareholders.

Ready Capital Corporation has declared a $0.125 quarterly dividend per common share for Q2 2025, maintaining its dividend level. This translates to an annualized dividend of $0.50 per share, which shareholders of record on June 30 will receive on July 31.

The company is also distributing dividends on its preferred stock: $0.390625 per share on its 6.25% Series C Cumulative Convertible Preferred Stock and $0.40625 per share on its 6.50% Series E Cumulative Redeemable Preferred Stock.

The consistent dividend payout indicates Ready Capital is generating sufficient cash flow to support shareholder returns. As a multi-strategy real estate finance company specializing in commercial real estate loans, its dividend stability suggests reliable income from its loan portfolio despite potential market volatility in the real estate sector.

The fact that Ready Capital maintains both common and preferred dividends reflects a balanced capital allocation approach, with preferred dividends providing higher priority fixed payments to those shareholders. This dividend continuity provides income visibility for investors in the company's commercial real estate lending business.

NEW YORK, June 14, 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 Q2 2025?

Ready Capital declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for Q2 2025, payable on July 31, 2025.

When is the ex-dividend date for Ready Capital's (RC) Q2 2025 dividend?

The record date is June 30, 2025, so the ex-dividend date would be one business day before the record date.

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

Ready Capital pays $0.390625 per share for Series C Preferred Stock (6.25%) and $0.40625 per share for Series E Preferred Stock (6.50%).

What type of company is Ready Capital (RC)?

Ready Capital is a multi-strategy real estate finance company that originates, acquires, finances and services lower-to-middle-market commercial real estate loans, including agency multifamily, investor, construction, bridge, and SBA loans.

When will Ready Capital (RC) pay its Q2 2025 preferred stock dividends?

Series C Preferred Stock dividend is payable on July 15, 2025, while Series E Preferred Stock dividend is payable on July 31, 2025.