Ready Capital Dividends and Buybacks
Dividend criteria checks 3/6
Ready Capital is a dividend paying company with a current yield of 13.89%.
Key information
13.9%
Dividend yield
3.4%
Buyback Yield
| Total Shareholder Yield | 17.2% |
| Future Dividend Yield | 13.2% |
| Dividend Growth | 4.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.000 |
| Payout ratio | -188% |
Recent dividend and buyback updates
Recent updates
Ready 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 03Ready Capital Corporation 2021 Q1 - Results - Earnings Call Presentation
May 07Stability 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) | 13.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Mortgage REITs) | 12.1% |
| Analyst forecast (RC) (up to 3 years) | 13.2% |
Notable Dividend: RC's dividend (13.89%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: RC's dividend (13.89%) is in the top 25% of dividend payers in the US market (4.32%)
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.