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Stock impact report

Ready Capital Corporation Declares Third Quarter 2024 Dividends

Ready Capital Corporation (RC) 
Last ready capital corporation earnings: 3/11 04:39 pm Check Earnings Report
Company Research Source: GlobeNewswire
NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock and Operating Partnership unit for the quarter ended September 30, 2024. This dividend is payable on October 31, 2024, to shareholders of record as of the close of business on September 30, 2024. “After careful consideration, the Board of Directors made the strategic decision to better align the dividend with our long-term growth objectives,” said Thomas Capasse, Chief Executive Officer and Chairman of the Board of Directors. “We remain confident that our earnings will continue to migrate towards historical performance targets as we execute on the initiatives outlined at the start of the year. Through today, $338 million of assets have sold and settled as part of our portfolio repositioning efforts, generating $57 million in net liquidity. Additionally, growth in our Small Busines Show less Read more
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