READY CAPITAL CORPORATION DECLARES FIRST QUARTER 2022 DIVIDENDS
NEW YORK, March 15, 2022 /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 March 31, 2022. This dividend is payable on April 29, 2022 to shareholders of record as of the close of business on March 31, 2022.
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 April 15, 2022 to Series C Preferred stockholders of record as of the close of business on March 31, 2022.
The Company declared a dividend of $0.40625 per share of Series E Preferred Stock payable on April 29, 2022 to Series E Preferred stockholders of record as of the close of business on March 31, 2022.
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 600 lending professionals nationwide. The company is externally managed and advised by Waterfall Asset Management, LLC.
Contact
Investor Relations
212-257-4666
InvestorRelations@readycapital.com
Media Relations
PR@readycapital.com
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SOURCE Ready Capital Corporation
Ready Capital Corp.
Symbol: RC
Exchange: NYSE
Founded: 2007 (17 years)
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Mortgage
Internally Managed REIT
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score.
Latest Price: $8.66
High: $8.70
Low: $8.60
Open: $8.66
Previous Close: $8.70
Volume: 798,954
52-Week High: $10.97
52-Week Low: $8.02
Last updated: 2024-05-16 - v1.3