Ready Capital Corporation Declares Q3 2025 Dividends
Ready Capital Corporation (NYSE: RC) has made a significant announcement regarding dividend declarations for its shareholders. The Board of Directors confirmed a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ending September 30, 2025. This dividend is set to be paid out to shareholders on October 31, 2025, with the cut-off for eligibility being the close of business on September 30, 2025.
Details of Preferred Stock Dividends
In addition to the common stock dividend, Ready Capital's Board of Directors has also declared quarterly cash dividends for its 6.25% Series C Cumulative Convertible Preferred Stock and 6.50% Series E Cumulative Redeemable Preferred Stock. Specifically, a dividend of $0.390625 per share of Series C Preferred Stock will be paid on October 15, 2025, to stockholders of record as of September 30, 2025. Meanwhile, Series E Preferred stockholders will receive a dividend of $0.40625 per share on October 31, 2025, with the same record date.
Understanding Ready Capital Corporation
Ready Capital Corporation, trading under the ticker NYSE: RC, operates as a multi-strategy real estate finance company. It focuses on originating, acquiring, financing, and servicing loans primarily in the lower-to-middle-market sector, catering to both investors and owner-occupied commercial real estate. The Company does more than just real estate transactions; it specializes in loans that are backed by various types of commercial real estate, including agency multifamily, investor, construction, and bridge loans, as well as U.S. Small Business Administration loans through its Section 7(a) program.
Company Operations and Workforce
Headquartered in New York, New York, Ready Capital Corporation boasts a workforce of nearly 500 professionals from coast to coast. This expansive team is dedicated to providing exceptional service and innovative financing solutions to a diverse array of clients in the commercial real estate sector.
Contact Information for Inquiries
For any investor or media inquiries, Ready Capital provides clear points of contact. Investor Relations can be reached at 212-257-4666 or via email at investorRelations@readycapital.com. Meanwhile, media inquiries can be directed to PR@readycapital.com.
Frequently Asked Questions
What is the amount of the common stock dividend announced?
The common stock dividend is set at $0.125 per share for the quarter ending September 30, 2025.
When will the dividends for Series C and Series E Preferred Stocks be paid?
The Series C Preferred Stock dividend will be paid on October 15, 2025, while the Series E Preferred Stock dividend will be paid on October 31, 2025.
What is the record date for dividend eligibility?
The record date for shareholders to be eligible for dividends is September 30, 2025, as of the close of business.
How many employees does Ready Capital Corporation have?
Ready Capital Corporation employs approximately 500 professionals across the nation.
Where is Ready Capital Corporation headquartered?
The Company is headquartered in New York, New York.