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RC Ready Capital dividend history, payout ratio & dates

Ready Capital's last quarterly dividend payment of $0.3 per share was made to shareholders on record before Mar 27, 2024. The dividend payment stands at $1.1 per share annually, which equates to a dividend yield of 12.82%.

Key dates

  • RC last dividend date: Mar 27, 2024
  • RC next dividend date: Not announced
RC dividend stats
DPS
$1.1
Dividend yield
12.92%
Payout ratio
68.8%
vs. Real Estate sector
Dividend yield
6.21%
Payout ratio
137.2%

Dividend yield

What is Ready Capital current dividend yield

RC has a dividend yield of 12.82% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 6.21%, Ready Capital's dividend yield is 106% higher. The current dividend yield is in line with the historical average of 12.7% of the last 5 years.

Dividend history

What is RC dividend payout history and dates

Ready Capital has been paying dividends for the last 11 years. According to our records RC has issued four quarterly dividends in the last twelve months. The annualized DPS marks a decrease of 33% since one year ago. And with the stock price down by 20% from a year ago, the dividend yield marks a decrease of 16%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 27, 2024 Apr 30, 2024 Mar 15, 2024 $0.3 normal
Dec 28, 2023 Jan 31, 2024 Dec 14, 2023 $0.3 normal
Sep 28, 2023 Oct 31, 2023 Sep 15, 2023 $0.36 normal
Jun 29, 2023 Jul 31, 2023 May 15, 2023 $0.14 normal
Mar 30, 2023 Apr 28, 2023 Mar 15, 2023 $0.4 normal
Dec 29, 2022 Jan 31, 2023 Dec 15, 2022 $0.4 normal
Sep 29, 2022 Oct 31, 2022 Sep 15, 2022 $0.42 normal
Jun 29, 2022 Jul 29, 2022 Jun 15, 2022 $0.42 normal
Mar 30, 2022 Apr 29, 2022 Mar 15, 2022 $0.42 normal
Dec 30, 2021 Jan 31, 2022 Dec 14, 2021 $0.42 normal
Sep 29, 2021 Oct 29, 2021 Sep 15, 2021 $0.42 normal
Jun 29, 2021 Jul 30, 2021 Jun 14, 2021 $0.42 normal
Apr 1, 2021 Apr 30, 2021 Mar 24, 2021 $0.1 special
Mar 12, 2021 Mar 18, 2021 Mar 1, 2021 $0.3 normal
Dec 30, 2020 Jan 29, 2021 Dec 14, 2020 $0.35 normal
Sep 29, 2020 Oct 30, 2020 Sep 15, 2020 $0.3 normal
Jun 29, 2020 Jul 31, 2020 Jun 15, 2020 $0.25 normal
Mar 30, 2020 Apr 30, 2020 Mar 11, 2020 $0.4 normal
Dec 30, 2019 Jan 31, 2020 Dec 11, 2019 $0.4 normal
Sep 27, 2019 Oct 31, 2019 Sep 10, 2019 $0.4 normal
Jun 27, 2019 Jul 31, 2019 Jun 11, 2019 $0.4 normal
Mar 27, 2019 Apr 30, 2019 Mar 12, 2019 $0.4 normal
Dec 28, 2018 Jan 31, 2019 Dec 12, 2018 $0.4 normal
Sep 27, 2018 Oct 31, 2018 Sep 11, 2018 $0.4 normal
Jun 28, 2018 Jul 31, 2018 Jun 12, 2018 $0.4 normal
Mar 28, 2018 Apr 30, 2018 Mar 14, 2018 $0.37 normal
Dec 28, 2017 Jan 31, 2018 Dec 13, 2017 $0.37 normal
Sep 28, 2017 Oct 20, 2017 Sep 13, 2017 $0.37 normal
Jun 28, 2017 Jul 31, 2017 Jun 15, 2017 $0.37 normal
Mar 29, 2017 Apr 14, 2017 Mar 7, 2017 $0.37 normal

Ready Capital dividend payout ratio

What is Ready Capital dividend payout ratio compared to the sector

Payout ratio

RC has a payout ratio of 68.8% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 137.2%, Ready Capital's payout ratio is 50% lower.

Total amount of dividends paid per financial year (from cash flow)

RC dividend vs peer dividends

How does RC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
IVR Invesco Mortgage Capital Inc 17.2% $1.6 N/A
RC Ready Capital Corp 12.92% $1.1 68.8%

Frequently asked questions

Does Ready Capital pay a dividend?

Yes, Ready Capital has paid four dividends in the last 12 months. RC has been paying dividends since 2013.

When is Ready Capital's next dividend?

RC hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in June 2024.

When was RC's last dividend?

Ready Capital's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.3 per share.

How much dividend does Ready Capital pay (per share)?

On an annual basis RC pays $1.1 per share.

What is Ready Capital's dividend yield?

Currently Ready Capital's dividend yield is 12.82%.

How often does Ready Capital pay dividends?

Ready Capital pays four dividends per year.

What is Ready Capital's dividend payout ratio?

Ready Capital's dividend payout ratio is 68.8%.

Does Ready Capital pay a good dividend?

Ready Capital's dividend yield is more than the Real Estate sector average.