Ready Capital Corporation Announces Quarterly Dividend
Ready Capital Corporation (NYSE:RC) has recently declared a quarterly cash dividend of $0.01 per share of common stock and Operating Partnership unit, set for the quarter ending December 31, 2025. This decision by the Board reflects the Company’s commitment to rewarding its shareholders while prioritizing financial health.
The Importance of Dividend Declarations
This dividend, payable on January 30, 2026, will benefit shareholders recorded as of December 31, 2025. Thomas Capasse, the Chairman and CEO, emphasized that the dividend aligns with the Company’s ongoing strategy to enhance its balance sheet, ensuring financial flexibility and facilitating a timely rebound in profitability.
Additional Dividend Announcements
In addition to the common stock dividend, Ready Capital Corporation has also declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock and its 6.50% Series E Cumulative Redeemable Preferred Stock. These dividends signify the Company’s robust approach to managing different investor preferences.
Details on Preferred Stock Dividends
The dividend for the Series C Preferred Stock, amounting to $0.390625 per share, is scheduled for payment on January 15, 2026, to shareholders recorded by December 31, 2025. Similarly, the Series E Preferred Stock will distribute $0.40625 per share on January 30, 2026, also to shareholders on record as of December 31, 2025.
Understanding Ready Capital Corporation
Ready Capital Corporation operates as a multi-strategy real estate finance company, pursuing opportunities in originating, acquiring, financing, and servicing commercial real estate loans targeted at lower-to-middle-market investors and owner-occupiers. Their expertise lies in loans backed by various forms of commercial real estate, spanning agency multifamily, investor placements, construction, and bridge loans, along with U.S. Small Business Administration loans under the Section 7(a) program.
Commitment to Financial Health
Headquartered in New York, Ready Capital boasts a dedicated workforce of approximately 500 professionals committed to supporting the Company’s growth and maintaining financial strength. Their approach, focusing on government-backed loans, signifies their intent to tap into stable funding sources.
Contact Information
For investor inquiries, please reach out through the following:
Investor Relations
212-257-4666
investorrelations@readycapital.com
Media Relations
PR@readycapital.com
Frequently Asked Questions
What was the latest dividend declared by Ready Capital Corporation?
The latest dividend announced is $0.01 per share of common stock.
When will the dividends be payable?
The dividends are set to be payable on January 30, 2026, for common stock and on specified dates for different preferred stocks.
What is the focus of Ready Capital Corporation?
Ready Capital specializes in financing and servicing commercial real estate loans for lower-to-middle-market entities.
How does their preferred stock work?
The preferred stock offers quarterly cash dividends, with different rates for Series C and Series E Preferred Stocks.
Who can investors contact for more information?
Investors can contact investor relations at 212-257-4666 or via email at investorrelations@readycapital.com.