SmarterDividends
RC

Ready Capital Corporation

RC

Real Estate · REIT - Mortgage · Stock · quarterly payer

$1.10

Overvalued · -66% Add to Portfolio

Forward Yield

3.64%

Annual Dividend

$0.04

Payout Ratio

85%

5-Yr Growth

-21.6%

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about RC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Ready Capital Corporation (RC) has a forward dividend yield of 3.64%, based on an annual dividend of $0.04 per share and a share price of $1.10.
  • As of Oct 18, 2026, RC's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
  • RC last cut its regular dividend in 2025.
  • RC's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.0100 per share.
  • As of Oct 18, 2026, RC pays out 85% of its trailing 12-month earnings as dividends (its payout ratio).
  • RC's dividend has shrunk at an average rate of 21.6% a year over the past five years.
  • As of Oct 18, 2026, RC's 3.64% yield is 70% below its five-year average yield of 11.95%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for RC is $0.38 per share, 66% below the $1.10 share price, so RC screens as overvalued.
  • Ready Capital Corporation (RC) pays its dividend quarterly, 4 times a year.
  • Ready Capital Corporation (RC) has raised its regular dividend 7 times and cut it 8 times across the 56 payments on record since 2013. Its most recent change was a 92.0% cut to $0.0100 per share, going ex-dividend on Dec 31, 2025.
Cite this page

SmarterDividends, "RC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/RC

Summary

As of Oct 18, 2026, Ready Capital Corporation (RC) yields 3.64% ($0.04 a year per share) and has a dividend safety grade of C (50/100).

Is RC a good dividend stock?

Mixed

Ready Capital Corporation (RC) pays a quarterly dividend yielding 3.64% ($0.04/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    3.64%
    Payout Ratio
    85%
    Annual Dividend
    $0.04
    5-Yr Avg Growth
    -21.6%
    Ex-Dividend Date
    Sep 30, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    1.60
    Market Cap
    $182.1M
    P/E Ratio
    —
    5-Yr Total Return
    -93%
    52-Week Range
    $1.06 – $3.26
    Dividend Safety
    C · 50/100
    Ever Cut?
    Yes (2025)

    RC dividend raises and cuts

    Ready Capital Corporation (RC) has raised its regular dividend 7 times and cut it 8 times across the 56 payments on record since 2013. Its most recent change was a 92.0% cut to $0.0100 per share, going ex-dividend on Dec 31, 2025.

    Ex-dateChangeOld → newMove
    Dec 31, 2025Cut$0.125 → $0.0100−92.0%
    Mar 31, 2025Cut$0.250 → $0.125−50.0%
    Sep 30, 2024Cut$0.300 → $0.250−16.7%
    Dec 28, 2023Raise$0.260 → $0.300+15.4%
    May 26, 2023Cut$0.400 → $0.260−35.0%
    Dec 29, 2022Cut$0.420 → $0.400−4.8%
    Jun 29, 2021Raise$0.300 → $0.420+40.0%
    Sep 29, 2020Raise$0.250 → $0.300+20.0%
    Jun 29, 2020Cut$0.400 → $0.250−37.5%
    Jun 28, 2018Raise$0.370 → $0.400+8.1%
    Mar 29, 2017Raise$0.350 → $0.370+5.7%
    Dec 28, 2016Cut$0.400 → $0.350−12.5%
    Show all 15 changes since 2013
    Ex-dateChangeOld → newMove
    Mar 27, 2014Cut$0.500 → $0.400−20.0%
    Sep 26, 2013Raise$0.450 → $0.500+11.1%
    Jul 5, 2013Raise$0.220 → $0.450+104.5%
    Every RC payment →Download every raise and cut (CSV)
    RC ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →RC dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is RC a good dividend stock?

    Mixed. Ready Capital Corporation (RC) pays a quarterly dividend yielding 3.64% ($0.04/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is RC undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, RC's fair value is about $0.38 versus a $1.10 share price — so it looks overvalued (-66% vs. fair value).

    Is RC's dividend safe?

    RC has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is RC's fair value?

    Our blended fair-value estimate for RC is about $0.38 per share, about 66% below the current $1.10 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is RC a buy, hold, or sell?

    We don't issue formal ratings, but on the data RC screens as "mixed" and overvalued. Ready Capital Corporation (RC) pays a quarterly dividend yielding 3.64% ($0.04/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will RC cut its dividend?

    RC earns a dividend-safety grade of C (50/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does RC pay a dividend?

    Yes. Ready Capital Corporation pays a quarterly dividend of about $0.04 per share annually, a forward yield of roughly 3.64%.

    What is RC's dividend yield?

    As of Oct 18, 2026, RC's forward dividend yield is 3.64%, based on a $0.04 annual dividend and a $1.10 share price.

    What is RC's dividend per share?

    As of Oct 18, 2026, RC pays $0.04 per share per year, distributed on a quarterly basis.

    What is RC's dividend payout ratio?

    As of Oct 18, 2026, RC's payout ratio is 85% of trailing 12-month earnings — a moderate level that's generally sustainable.

    How many years has RC grown its dividend?

    RC does not currently have a long dividend-growth streak on record.

    When is the next RC ex-dividend date?

    As of Oct 18, 2026, RC's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.0100 per share.

    Income Calculator

    At $0.04 / yr per share

    Per payment (quarterly)$1.00
    Annual$4.00
    Monthly avg$0.33

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