Ready Capital (Ready Capital) Dividend Payout Ratio

: 1.46 (As of Dec. 2023)

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Ready Capital's dividend payout ratio for the months ended in Dec. 2023 was 1.46.

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.

The historical rank and industry rank for Ready Capital's Dividend Payout Ratio or its related term are showing as below:

RC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.71 Med: 1.02 Max: 1.49
Current: 1.44

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.

RC's Dividend Payout Ratio is ranked worse than
71.15% of 565 companies
in the REITs industry
Industry Median: 1.01 vs RC: 1.44

As of today (2024-04-19), the Dividend Yield % of Ready Capital is 12.79%.

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

Ready Capital's Dividends per Share for the months ended in Dec. 2023 was $0.30.

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.

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.

The growth rate is calculated with least square regression.

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

Ready Capital Dividend Payout Ratio Historical Data

The historical data trend for Ready Capital's Dividend Payout Ratio 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.04

0.71

0.99

0.89

1.49

Ready Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																1.00	1.33	2.37	1.07	1.46

Competitive Comparison

For the REIT - Mortgage subindustry, Ready Capital's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

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

* The bar in red indicates where Ready Capital's Dividend Payout Ratio falls into.

Ready Capital Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.46	/	0.981
	=	1.49

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

Ready Capital (NYSE:RC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Ready Capital Dividend Payout Ratio Related Terms

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

Ready Capital (Ready Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ready Capital Corp (NYSE:RC) » Definitions » Dividend Payout Ratio

Comparable Companies

CMTG ARI LADR PMT CIM FBRT TWO MFA ABR EFC NLY STWD AGNC RITM BXMT RWT KREF NYMT ARR DX

Traded in Other Exchanges

RCPC.PFD:USA 0SZ:Germany

Address

1251 Avenue of the Americas, 50th Floor, New York, NY, USA, 10020

Website

https://www.readycapital.com

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