Ready Capital's last quarterly dividend payment of $0.4 per share was made to shareholders on record before Dec 29, 2022. The dividend payment stands at $1.66 per share annually, which equates to a dividend yield of 12.33%. The latest RC stock dividend of $0.4 is a decrease from the previous $0.42 distribution, representing a change of -4.8%.
RC has a dividend yield of 12.33% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 5.68%, Ready Capital's dividend yield is 117% higher. The current dividend yield is in line with the historical average of 12.0% of the last 5 years.
Ready Capital has been paying dividends for the last nine years. According to our records RC has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 6% since one year ago. And with the stock price down by 5% from a year ago, the dividend yield marks an increase of 12%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
RC has a payout ratio of 69.2% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 102.6%, Ready Capital's payout ratio is 33% lower.
Yes, Ready Capital has paid four dividends in the last 12 months. RC has been paying dividends since 2013.
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 March 2023.
Ready Capital's last regular dividend was on Dec 29, 2022 (ex-date) with the amount of $0.4 per share.
On an annual basis RC pays $1.66 per share.
Currently Ready Capital's dividend yield is 12.33%.
Ready Capital pays four dividends per year.
Ready Capital's dividend payout ratio is 69.2%.
Ready Capital's dividend yield is more than the Real Estate sector average.