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Market Impact: 0.15
Ready Capital's Series B Preferred Stock Shares Cross 16% Yield Mark
Source: Nasdaq
Credit & Bond MarketsCapital Returns (Dividends / Buybacks)
Ready Capital Corp's 6.25% Series B Cumulative Convertible Preferred Stock (RC.PRC) traded as low as $9.68 on Thursday, implying a dividend yield above 16% based on its annualized quarterly dividend of $1.5625. The report gives no broader company update or market reaction.
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Overall Sentiment
mildly negative
Sentiment Score
-0.15
Ticker Sentiment
RC-0.15
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