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Ready Capital Corporation Declares Third Quarter 2021 Dividends

Published: 2021-09-15 20:15:00 ET

NEW YORK, Sept. 15, 2021 /PRNewswire/ -- Ready Capital Corporation (NYSE:RC) (the "Company") announced that its Board of Directors declared a quarterly cash dividend of $0.42 per share of common stock and Operating Partnership unit for the quarter ended September 30, 2021. This dividend is payable on October 29, 2021 to shareholders of record as of the close of business on September 30, 2021.

Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the "Series C Preferred Stock"), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the "Series E Preferred Stock").

The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on October 15, 2021 to Series C Preferred Stock holders of record as of the close of business on September 30, 2021.

The Company declared a dividend of $0.40625 per share of Series E Preferred Stock payable on November 1, 2021 to Series E Preferred Stock holders of record as of the close of business on September 30, 2021.

About Ready Capital Corporation

Ready Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services small to medium balance commercial loans. Ready Capital specializes in loans backed by commercial real estate, including agency multifamily, investor and bridge as well as SBA 7(a) business loans. Headquartered in New York, New York, Ready Capital employs over 500 lending professionals nationwide. The company is externally managed and advised by Waterfall Asset Management, LLC.

Contact

Investor Relations Ready Capital Corporation212-257-4666 InvestorRelations@readycapital.com

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SOURCE Ready Capital Corporation

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.