Ready Capital Dividend
Dividend criteria checks 3/6
Ready Capital is a dividend paying company with a current yield of 16.55% that is well covered by earnings.
Key information
16.8%
Dividend yield
64%
Payout ratio
| Industry average yield | 12.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.93 |
| Dividend yield forecast in 3Y | 13.8% |
Recent dividend updates
Recent updates
Ready 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 07What You Need To Know About Ready Capital Corporation's (NYSE:RC) Investor Composition
Feb 19
Have Insiders Been Buying Ready Capital Corporation (NYSE:RC) Shares?
Jan 15
Ready Capital increases dividend by ~17% to $0.35
Dec 14Share Price Aside, Ready Capital (NYSE:RC) Has Delivered Shareholders A 3.9% Return.
Dec 11Ready Capital beats on revenue
Nov 04Stability 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 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Ready Capital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RC) | 16.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Mortgage REITs) | 12.4% |
| Analyst forecast in 3 Years (RC) | 13.8% |
Notable Dividend: RC's dividend (16.55%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: RC's dividend (16.55%) is in the top 25% of dividend payers in the US market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.4%), RC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (496.5%), RC's dividend payments are not well covered by cash flows.