DIVIDEND ANNOUNCEMENT: Ready Capital Corp (NYSE:RC) on 06/15/2022 declared a dividend of $0.4200 per share

Ready Capital Corp (NYSE:RC) on 06/15/2022 declared a dividend of $ 0.4200 per share payable on July 29, 2022 to shareholders of record as of June 30, 2022.

Ready Capital Corp (NYSE:RC) has paid dividends since 2013, has a current dividend yield of 14.2011833191% and has increased its dividends for 1 successive years.

Ready Capital Corp's market cap is $ 89,470,290 and has a PE ratio of 5.03. The stock price closed yesterday at $ 11.83 and has a 52 week low/high of $ 11.71 and $ 16.78.

Ready Capital is a real estate finance company. Co. originates, acquires, finances, and services small to medium balance commercial (SBC) loans, Small Business Administration 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 multi-family, office, retail, mixed use or warehouse properties. Co. reports its activities in the following three operating segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking

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