RC / Ready Capital Corporation Announces Third Quarter 2023 Results and Webcast Call

NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its more_horizontal

Ready Capital is paying out a 14.5% dividend yield. The mREIT is also currently trading for 76 cents on the dollar following its merger with Broadmark more_horizontal

Ready Capital reported Q2-2023 results with a higher provision for credit losses. Distributable income fell short of actual distributions, again. Q3-2 more_horizontal

Ready Capital Corporation (NYSE:RC ) Q2 2023 Earnings Conference Call August 8, 2023 8:30 AM ET Company Participants Andrew Ahlborn - CFO Tom Capasse more_horizontal

Investors need to pay close attention to Ready Capital (RC) stock based on the movements in the options market lately. more_horizontal

I expect Ready Capital's distributable earnings in 2Q and 3Q 2023 to be lower than the current quarterly dividend of $0.40 per share. Thus, one might more_horizontal

Underlining efforts to enhance shareholder value, Ready Capital (RC) has been authorized to the buyback up to an aggregate of $100 million of its outs more_horizontal

NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that Tom Capasse, Ready Capital's Chairm more_horizontal