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 5.17, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Ready Capital was 5.17. The lowest was 0.71. And the median was 1.02.
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 Yield % Historical Data
The historical data trend for Ready Capital's Dividend Yield % 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.
Competitive Comparison of Ready Capital's Dividend Yield %
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 Dividend Yield % Calculation
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 0.300000
2024-03-27
2024-03-28
2024-04-30
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.300000
2023-12-28
2023-12-29
2024-01-31
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.360000
2023-09-28
2023-09-29
2023-10-31
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.140000
2023-06-29
2023-06-30
2023-07-31
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.260000
2023-05-26
2023-05-30
2023-06-15
Cash Dividend
quarterly
USD: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 Trailing Annual Dividend Yield (%) for Today is calculated as
Ready Capital's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.2
/
8.58
=
13.99 %
Current Share Price is $8.58. Ready Capital's Dividends per Share for the forward twelve months is calculated as $0.3 * 4 = $1.2.
* 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 (NYSE:RC) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Thank you for viewing the detailed overview of Ready Capital's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ready Capital (Ready Capital) Business Description
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.
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