In trading on Friday, shares of Ready Capital Corp's 6.25% Series B Cumulative Convertible Preferred Stock (Symbol: RC.PRC) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $17.35 on the day. This compares to an average yield of 7.83% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, RC.PRC was trading at a 30.12% discount to its liquidation preference amount, versus the average discount of 12.33% in the "Real Estate" category. It should be noted that the preferred shares are convertible, with a conversion ratio of 2.3809.
NAZ Historical Stock Prices
Top Ten Hedge Funds Holding FSCC
Below is a dividend history chart for RC.PRC, showing historical dividend payments on Ready Capital Corp's 6.25% Series B Cumulative Convertible Preferred Stock :
In Friday trading, Ready Capital Corp's 6.25% Series B Cumulative Convertible Preferred Stock (Symbol: RC.PRC) is currently up about 0.9% on the day, while the common shares (Symbol: RC) are up about 1.4%.
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Dividend Yield NAZ Historical Stock Prices
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