Resource Capital Corp. (NYSE:RSO) announces a quarterly dividend of $0.05

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Resource Capital Corp. (NYSE:RSO) to go ex-dividend.
On 3/21/2017 Resource Capital Corp. ( NYSE:RSO ) announced that it will be issuing a quarterly dividend in the amount of $0.05 up from $0.05 making the yield 2.09%.


Resource Capital Corp. (NYSE:RSO) Ex- dividend date

Resource Capital Corp. (NYSE:RSO) is set to go ex-dividend on 3/29/2017 and will be payable on 4/27/2017


Dividend History for Resource Capital Corp. (NYSE:RSO)
The next payable dividend for Resource Capital Corp. is scheduled for 4/27/2017. There is an annual dividend of $$0.20 with a yield of 2.16% The company’s dividend has decresed by -19.30% on a 3 Year Average The payout ration for the trailing 12 months of earnings is -14.29% , -166.67% based on this years estimates and 90.91% based on next years projected estimates.

Recent Dividend History for Resource Capital Corp. (NYSE:RSO)

  • On 12/19/2012 Resource Capital Corp. announced a quarterly dividend of $0.20.
  • On 3/15/2013 Resource Capital Corp. announced a quarterly dividend of $0.20.
  • On 6/14/2013 Resource Capital Corp. announced a quarterly dividend of $0.20.
  • On 9/20/2013 Resource Capital Corp. announced a quarterly dividend of $0.20.
  • On 12/19/2013 Resource Capital Corp. announced a quarterly dividend of $0.20.
  • On 3/21/2014 Resource Capital Corp. announced a quarterly dividend of $0.20.



About Company
Resource Capital Corp. is a real estate finance company. The Company invests in asset classes, which include commercial real estate-related assets, residential real estate-related assets and commercial finance assets. Its investments in commercial real estate-related assets include first mortgage loans (referred as whole loans); first priority interests in first mortgage loans; subordinated interests in first mortgage loans, and commercial mortgage-backed securities. Its investments in residential real estate-related assets include residential mortgage loans and mortgage-backed securities. Its investments in commercial finance assets include middle-market secured corporate loans and preferred equity investments; asset-backed securities backed by senior secured corporate loans; debt tranches of collateralized debt obligations and collateralized loan obligations, and senior secured corporate loans (referred as bank loans). It is externally managed by Resource Capital Manager, Inc.

Recent Insider Trading for Resource Capital Corp. (NYSE:RSO)

  • On 12/8/2016 David J. Bryant, CFO, sold 1,250 with an average share price of $9.02 per share and the total transaction amounting to $11,275.00.
  • On 12/1/2016 Jeffrey P Cohen, Director, bought 2,000 with an average share price of $8.11 per share and the total transaction amounting to $16,220.00.
  • On 11/28/2016 Jeffrey P Cohen, Director, bought 5,000 with an average share price of $4.47 per share and the total transaction amounting to $22,350.00.
  • On 11/22/2016 Michele R Weisbaum, SVP, bought 500 with an average share price of $9.16 per share and the total transaction amounting to $4,580.00.
  • On 11/18/2016 Stephanie H. Wiggins, Director, sold 4,278 with an average share price of $9.15 per share and the total transaction amounting to $39,143.70.
  • On 11/16/2016 Jeffrey P Cohen, Director, bought 2,000 with an average share price of $9.00 per share and the total transaction amounting to $18,000.00.



Recent Analyst Rating for Resource Capital Corp. (NYSE:RSO)

  • On 3/14/2017 JMP Securities, Upgrade, fromUnderperform to Market Perform to Underperform
  • On 11/15/2016 FBR & Co, Downgrade, fromOutperform to Market Perform to Outperform with a price target of $13.00 to $9.75
  • On 8/3/2016 Keefe, Bruyette & Woods, Lower Price Target, to Market Perform with a price target of $12.00 to $11.00
  • On 3/29/2016 Deutsche Bank AG, Reiterated Rating, to Hold with a price target of $16.00 to $14.00



Recent Trading for Resource Capital Corp. (NYSE:RSO)
Shares of Resource Capital Corp. closed the previous trading session at 9.26 down -0.11 -1.17% with 179,306 shares trading hands.

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