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Ready Capital Corporation Declares Fourth Quarter 2024 Dividends
RCReady Capital (RC) GlobeNewswire·2024-12-13 21:15

Group 1 - Ready Capital Corporation declared a quarterly cash dividend of 0.25pershareofcommonstockandOperatingPartnershipunitforthequarterendedDecember31,2024,payableonJanuary31,2025[1]TheCompanyalsodeclaredadividendof0.25 per share of common stock and Operating Partnership unit for the quarter ended December 31, 2024, payable on January 31, 2025 [1] - The Company also declared a dividend of 0.390625 per share of its 6.25% Series C Cumulative Convertible Preferred Stock, payable on January 15, 2025 [2] - Additionally, a dividend of $0.40625 per share of its 6.50% Series E Cumulative Redeemable Preferred Stock was declared, payable on January 31, 2025 [3] Group 2 - Ready Capital Corporation is a multi-strategy real estate finance company that focuses on originating, acquiring, financing, and servicing lower-to-middle-market commercial real estate loans [4] - The Company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, bridge loans, and U.S. Small Business Administration loans under its Section 7(a) program [4] - Headquartered in New York, the Company employs approximately 350 professionals nationwide [4]