Ready Capital dividend calculator – Ready Capital Corp Declares 0.26 Cash Dividend

☀️Dividends Yield

Ready Capital ($NYSE:RC) Corp has declared a 0.26 cash dividend on May 26th 2023. This dividend is part of the company’s strategy to reward shareholders with a consistent return. READY CAPITAL has issued a dividend per share of 1.64 USD in the last three years, 1.66 USD the year before that, and 1.56 USD two years prior. This means that for the period 2021 to 2023, the yields are 14.06%, 12.77%, and 10.41%, with an average yield of 12.41%.

If you are looking to invest in stocks offering dividend returns, READY CAPITAL might be a suitable option for you. The ex-dividend date of this 0.26 cash dividend is on May 26th 2023, so make sure to check your calendars and make a decision before that date in order to optimize your returns.

Share Price

Investors have responded positively to READY CAPITAL’s dividend announcement, expecting the dividend to put an additional support under the share price. Analysts expect the dividend to support READY CAPITAL’s growth, creating long-term value for its shareholders. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Ready Capital. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Ready Capital. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Ready Capital. More…

Key Ratios Snapshot

Some of the financial key ratios for Ready Capital are shown below. More…

Analysis

At GoodWhale, we have analyzed READY CAPITAL‘s financials and found that READY CAPITAL is strong in asset and growth, and medium in dividend and profitability, according to our Star Chart. However, READY CAPITAL has a low health score of 3/10 with regard to its cashflows and debt, indicating that it is less likely to pay off debt and fund future operations. We have classified READY CAPITAL as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. This type of company may be attractive to investors looking for a steady return over time. Investors interested in such companies may be willing to overlook the lower health score as long as the dividend remains consistent. More…

Peers

In the past decade, the commercial real estate lending landscape has shifted dramatically. New players have emerged and old ones have fallen by the wayside. Among the new breed of lenders is Ready Capital Corp, which has quickly established itself as a major player in the space. Ready Capital’s success has come at the expense of its competitors, who have been forced to adapt or die. Among those competitors are TPG RE Finance Trust Inc, ECC Capital Corp, and Manhattan Bridge Capital Inc.

– TPG RE Finance Trust Inc ($NYSE:TRTX)

TPG RE Finance Trust Inc is a publicly traded real estate investment trust that focuses on originating and acquiring senior loans collateralized by commercial real estate properties. The company’s portfolio includes office, retail, hospitality, industrial, and other types of commercial real estate properties. TPG RE Finance Trust Inc is headquartered in New York, New York.

– ECC Capital Corp ($OTCPK:ECRO)

ECC Capital Corp is a specialty finance company that provides financing solutions to small and medium-sized businesses in the United States. The company has a market cap of $7.81 million as of February 2022. ECC Capital Corp is headquartered in New York, New York.

– Manhattan Bridge Capital Inc ($NASDAQ:LOAN)

Manhattan Bridge Capital Inc is a real estate finance company that originates, services, and manages a portfolio of first mortgage loans. The Company operates in the New York metropolitan area. It offers short-term secured, non-banking loans to real estate investors to fund their acquisition, renovation, or rehabilitation of properties located in the New York metropolitan area.

Summary

Investing in Ready Capital is an attractive option due to its consistent dividend payments over the last three years. The company has paid 1.64 USD, 1.66 USD, and 1.56 USD per share in dividends for the years 2021-2023 respectively. This provides an average yield of 12.41%, which is higher than the yields of 14.06%, 12.77% and 10.41% for the same period.

With its stable dividends, Ready Capital is a good choice for long-term income investors who prefer regular returns. Investing in Ready Capital can also provide investors with the opportunity to capitalize on potential capital gains in the future as the company grows.