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Ready Capital (Ready Capital) Dividends per Share : $1.46 (TTM As of Dec. 2023)


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What is Ready Capital Dividends per Share?

Ready Capital's dividends per share for the three months ended in Dec. 2023 was $0.30. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.46. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.46. As of today, Ready Capital's Dividend Yield % is 12.42%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ready Capital Corp is 1.44, which seems too high.

During the past 12 months, Ready Capital's average Dividends Per Share Growth Rate was -12.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ready Capital was 3.90% per year. The lowest was -4.20% per year. And the median was -0.40% per year.

For more information regarding to dividend, please check our Dividend Page.


Ready Capital Dividends per Share Historical Data

The historical data trend for Ready Capital's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ready Capital Dividends per Share Chart

Ready Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.30 1.56 1.66 1.46

Ready Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.40 0.40 0.36 0.30

Competitive Comparison of Ready Capital's Dividends per Share

For the REIT - Mortgage subindustry, Ready Capital's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ready Capital's Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ready Capital's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ready Capital's Dividend Yield % falls into.



Ready Capital Dividends per Share Calculation

Dividends paid to per common share.


Ready Capital  (NYSE:RC) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Ready Capital's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.3/ 0.206
=1.46

During the past 13 years, the highest Dividend Payout Ratio of Ready Capital was 1.49. The lowest was 0.71. And the median was 1.02.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ready Capital Corp is 1.44, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Ready Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3002024-03-272024-03-282024-04-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-12-282023-12-292024-01-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.3602023-09-282023-09-292023-10-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.1402023-06-292023-06-302023-07-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.2602023-05-262023-05-302023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Ready Capital's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.36/8.85
=15.37 %

Current Share Price is $8.85.
Ready Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.36.

During the past 13 years, the highest Dividend Yield of Ready Capital was 38.00%. The lowest was 3.70%. And the median was 10.49%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ready Capital Dividends per Share Related Terms

Thank you for viewing the detailed overview of Ready Capital's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ready Capital (Ready Capital) Business Description

Traded in Other Exchanges
Address
1251 Avenue of the Americas, 50th Floor, New York, NY, USA, 10020
Ready Capital Corp is a real estate finance company. It acquires, manages, originates, and finances small-balance commercial loans to purchase small multi-family, office, retail, mixed-use, or warehouse properties. The company's segments consist of SBC Lending and Acquisitions, Small Business Lending, and Residential Mortgage Banking. Its objective is to provide attractive risk-adjusted returns through dividends and through capital appreciation.
Executives
Thomas E Capasse director, officer: Chairman of the Board and CEO SUTHERLAND ASSET MANAGEMENT CORPORATION, 1185 AVENUE OF THE AMERICAS, 18TH FLOOR, NEW YORK NY 10036
Pinkie Dent Mayfield director 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Daniel J. Hirsch director 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Kevin M Luebbers director 850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Gilbert E Nathan director C/O EMERGENT CAPITAL, INC., 5355 TOWN CENTER ROAD, SUITE 701, BOCA RATON FL 33486
Dominique Mielle director C/O ANWORTH MORTGAGE ASSET CORPORATION, 1299 OCEAN AVENUE, SECOND FLOOR, SANTA MONICA CA 90401
Meredith Marshall director 50 RIVERSIDE BLVD, APT 14C, NEW YORK NY 10069
Andrew Ahlborn officer: Chief Financial Officer C/O READY CAPITAL CORPORATION, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036
Erving Julius W Ii director DR J ENTERPRISES LLC, 3355 LENOX ROAD NE SUITE 750, ATLANTA GA 30326
Andrea Petro director C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FL., NEW YORK NY 10020
Adam Zausmer officer: Chief Credit Officer C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FLOOR, NEW YORK NY 10020
Gary Taylor officer: Chief Operating Officer C/O READY CAPITAL CORPORATION, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036
J Mitchell Reese director 210 MONTEREY DR. S., VERO BEACH FL 32963
Todd M. Sinai director C/O SUTHERLAND ASSET MANAGEMENT CORP, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036
Thomas Buttacavoli officer: Chief Investment Officer C/O SUTHERLAND ASSET MANAGEMENT CORP., 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036