Ready Capital's last quarterly dividend payment of $0.14 per share was made to shareholders on record before Jun 29, 2023. The dividend payment stands at $1.36 per share annually, which equates to a dividend yield of 13.11%. The latest RC stock dividend of $0.14 is a decrease from the previous $0.4 distribution, representing a change of -65%.
RC has a dividend yield of 13.11% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 7%, Ready Capital's dividend yield is 87% higher. The current dividend yield is more than the historical average of 12.4% of the last 5 years.
Ready Capital has been paying dividends for the last ten years. According to our records RC has issued four quarterly dividends in the last twelve months. The annualized DPS marks a decrease of 19% since one year ago. And with the stock price down by 3.7% from a year ago, the dividend yield marks a decrease of 16%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
RC has a payout ratio of 49.1% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 127.7%, Ready Capital's payout ratio is 62% lower.
Yes, Ready Capital has paid four dividends in the last 12 months. RC has been paying dividends since 2013.
RC's next dividend date is Sep 28, 2023 (ex-date).
Ready Capital's last regular dividend was on Jun 29, 2023 (ex-date) with the amount of $0.14 per share.
On an annual basis RC pays $1.36 per share.
Currently Ready Capital's dividend yield is 13.11%.
Ready Capital pays four dividends per year.
Ready Capital's dividend payout ratio is 49.1%.
Ready Capital's dividend yield is more than the Real Estate sector average.