Ready Capital Dividends and Buybacks
Dividend criteria checks 3/6
Ready Capital is a dividend paying company with a current yield of 14.56%. Next payment date is on 31st January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
14.6%
Dividend yield
3.4%
Buyback Yield
| Total Shareholder Yield | 18.0% |
| Future Dividend Yield | 14.6% |
| Dividend Growth | 4.3% |
| Next dividend pay date | 31 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$1.000 |
| Payout ratio | -188% |
Recent dividend and buyback updates
Recent updates
Ready Capital: Accounting Policy Changes Mask Negative Adjusted Operating Cash Flows And Unsupported Dividend
Dec 11Ready Capital: When Is The Final Dividend Cut?
Oct 16Ready Capital: It Isn't Ready Yet
May 20Ready Capital: Inability To Stabilize Earnings Against Headwinds Makes It A Hold
Apr 09Ready Capital: Two Dividend Cuts Later And The Broadmark Acquisition Stings
Dec 23Ready Capital: A Fat 14.5% CRE Yield After The Merger With Broadmark
Sep 03Ready Capital: Why Decreased Distributable Earnings Are Not Frightening
Jun 28Ready Capital Q4 2022 Earnings Preview
Feb 24Ready Capital: The 12.4% Yield Is Still Exciting
Feb 11Ready Capital decrease quarterly dividend by -4.8% to $0.40 /share
Dec 15Ready Capital upsizes share buyback by $25M
Sep 29Ready Capital: Steady Double-Digit Yields With Minimal Risk
Sep 22Ready Capital declares $0.42 dividend
Sep 15Ready Capital expects 'healthy deal flow' for its lending programs into 2023
Jul 12Ready Capital: 13.65% Dividend Yield With Favorable Risk-Reward Profile
Jul 05Ready Capital: Headwinds From Rising Interest Rates
Apr 04Trade Orchid Island Capital For Ready Capital To Realize Future Growth And Income
Jan 16Ready Capital: Strong And Steady Growth With An Eye For M&A
Nov 18Ready Capital prices $100M public offering
Jun 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RC has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Ready Capital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RC) | 14.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Mortgage REITs) | 12.6% |
| Analyst forecast (RC) (up to 3 years) | 14.6% |
Notable Dividend: RC's dividend (14.56%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: RC's dividend (14.56%) is in the top 25% of dividend payers in the US market (4.52%)
Earnings Payout to Shareholders
Earnings Coverage: RC is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.4%), RC's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 10:19 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ready Capital Corporation is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Howlett | B. Riley Securities, Inc. |
| Sarah Barcomb | BTIG |
| William Catherwood | BTIG |