DIVIDEND ANNOUNCEMENT: Ready Capital Corp (NYSE:RC) on 12/11/2019 declared a dividend of $0.4000 per share

Ready Capital Corp (NYSE:RC) on 12/11/2019 declared a dividend of $ 0.4000 per share payable on January 31, 2020 to shareholders of record as of December 31, 2019.

Ready Capital Corp (NYSE:RC) has paid dividends since 2013, has a current dividend yield of 10.3896112442% and has increased its dividends for 1 successive years.

Ready Capital Corp's market cap is $ 694,509,200 and has a PE ratio of 9.11. The stock price closed yesterday at $ 15.40 and has a 52 week low/high of $ 13.44 and $ 16.90.

Ready Capital is a real estate finance company. Co. originates, acquires, finances, and services small to medium balance commercial (SBC) loans, Small Business Administration (SBA) loans, residential mortgage loans, and to a lesser extent, mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. Co.'s loans are used by businesses to purchase real estate used in their operations or by investors seeking to acquire small multi-family, office, retail, mixed use or warehouse properties. Co.'s operating segments segments are: SBC originations, SBA originations, acquisitions and servicing, loan acquisitions, and residential mortgage banking

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