Ready Capital's Series B Preferred Stock Yield Pushes Past 8.5%
July 17, 2024 at 14:09 PM EDT
In trading on Wednesday, shares of Ready Capital Corp's 6.25% Series B Cumulative Convertible Preferred Stock (RC. RC) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $18.30 on the day.
